Question: Save Submit Assignment for Gram Questions Problem 4-08 (Annuity Payment and EAR) Question of 1 Check My Wor 2 3. 4. eBook Annuity Payment and

Save Submit Assignment for Gram Questions Problem 4-08 (Annuity Payment and EAR) Question of 1 Check My Wor 2 3. 4. eBook Annuity Payment and EAR You want to buy a car, and a local bank will send you $35,000. The loan would be fully amortized over 6 years (72 months), and the nominal interest rate would obe 15%, with interest paid monthly. What is the monthly loan payment? Do not round intermediate calculations. Round your answer to the nearest cent. 5. 5 7 o What is the loan's EFEN? Do not round intermediate calculations, Round your answer to two decimal places O Check My W

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