1.A loan with monthly compounding has an APR of 6%. What is the periodic interest rate?

2.What is the APR of a 30-year, $300,000 mortgage with monthly payments of $2000? Answer in percent and round to two decimal places

3.What is the effective annual rate of a savings account that pays an APR of 5% and compounds quarterly? Answer in percent and round to two decimal places

4.What is the payment on a 60 month, $10,000 car loan with APR of 4%. Round to the penny.

5.In the first payment on a 60 month, $10,000 car loan with APR of 4%, how much pays off the principal? Round to the penny.

6.After making 20 payments on a 60 month, $10,000 car loan with APR of 4%, what is the outstanding balance on the loan? Round to the penny.