A laketront house in Kingston, Ontaro, is tor sale with an asking price of $410,000. I he real estate market has been quite active, so the house, but is concerned that he may not be able to afford it. He has $132,000 available for a down payment, and can pay $2,000 effective monthly rate to 4 decimal places, e.g. 5.1235% and final answer to 2 decimal places, e.g. 125.12. Do not round your intermediate calculations.)