1. You want to buy a car, and a bank will lend you $15000. 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? (Answer to the nearest cent, xxx.xx and enter without the dollar sign) You want to buy a car, and a bank will lend you $15000. The loan will be fully amortized over 5 years(60 months), and the nominal interest rate will be 7% with interest paid monthly. What will be the loan's EAR (%)? Answer as a percent and to the nearest hundredth of a percent as in xx.xx % and enter without the percent sign