10. Jordan has just graduated from college with a degree in health care management and has found a good job with a large hospital system. Jordan currently has $32,263.75 in debt from a personal loan that carries an annual interest rate of 14.95%, and would like to begin paying it off. How many years will it take Jordan to pay off the loan if Jordan makes annual end of year payments of $5,000 ? 11. You want to buy a car, and a local bank will lend you $25,000. The loan would be fully amortized over 5 years ( 60 months), and the nominal interest rate (APR) would be 10%, with interest paid monthly. What is the monthly loan payment? 12. A bank offers a loan that will requires you to pay a 17% annual interest rate (APR), compounded monthly. What is the effective annual rate (EAR) charged by the bank