5. Competing the cost of a bank loan Cintas Co. xants to borrow $200,000 on an add -on basis at a simple rate of 16.00% to be paid in nine monthly instaliments. Cintas Co. Will receive the $200,000 upon approval of the loan and will pay back the principal and interest over the life of the loan. Cakulate the monthly interest payment, the mochthly principal payment, the appovoximate annual percertage rate (APA), apd the appovapimate effective angual rate (CAR) af this add on foan: (Note: Oo not round intermediate calculations Round dowar vahues to the nearest whole dollar. Round Dercentages to two decimal placen)