Question: 3. Problem 5.08 (Loan Amortization and EAR) payment? What will be the loan's EAR? Do not round intermediate calculations. Round your answer for the monthly

3. Problem 5.08 (Loan Amortization and EAR) payment? What will be

3. Problem 5.08 (Loan Amortization and EAR) payment? What will be the loan's EAR? Do not round intermediate calculations. Round your answer for the monthly loan payment to the nearest cent and for EAR to two decimal places. Monthly loan payment: \$ EAR: %

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