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A, B, C..... please! Straight bank loan. Left Bank has a standing ate of 7.9% APR for all bank loans and requires monthly payments. What

image text in transcribedA, B, C..... please!

Straight bank loan. Left Bank has a standing ate of 7.9% APR for all bank loans and requires monthly payments. What is the monthly payment if a loan is for a $145,000 for 6 years, b $250,000 for 12 years or (c) $1,200,000 for 27 years? What is the effective annual rate of each of these loans? (a) What is the monthly payment if a loan is for $145,000 for 6 years? $(Round to the nearest cent.)

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