Question: please answer in formulas and round decimals to two decimal places for interest rates and dollar amounts in final answers. please answer in text that

please answer in formulas and round decimals to two decimal places

please answer in formulas and round decimals to two decimal places for interest rates and dollar amounts in final answers. please answer in text that can be copied not in a picture format or excel.

10. Jedediah Jabotinsky is purchasing a computer system today from Juniper Electronics which will cost him $7,800. The cost will be financed by Juniper and he will be making monthly payments in the amount of $282 over the next 5 years and his first payment is due 30 days from today. Calculate the APR and EAR on this loan

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