Question: Please help ASAP! Save Submit Assignment for Grading 10 of 30 Check My Work (a remaining) eBook I lend you $35,000. The loan will be

Please help ASAP! Please help ASAP! Save Submit Assignment for Grading 10 of 30

Save Submit Assignment for Grading 10 of 30 Check My Work (a remaining) eBook I lend you $35,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 12% with interest paid monthly, what will be the monthly loan payment, what will be the loan's EAR? to two decimal places. Monthly loan payment: EAR: Do not round intermediate calculations. Round your answer for the monthly loan payment to the nearest cent and for EAR

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