5.43 You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30- year mortgage loan for 80 percent of the $2,900,000 purchase price. The monthly payment on this loan will be $14,900. What is the APR on this loan? The EAR? 5.45 You have arranged for a loan on your new car that will require the first payment today. The loan is for $32,000, and the monthly payments are $620. If the loan will be paid off over the next 60 months, what is the APR of the loan