ABC Construction just borrowed $51,200. The terms of the loan require the company to make equal monthly payments forever. The first monthly payment is due in 1 month. If the regular monthly loan payment is $593.93, then what is the EAR of the loan? Arate equal to or greater than 14.50% but less than 14.90% A rate equal to or greater than 13.70% but less than 14.10% A rate equal to or greater than 14.10% but less than 14.50% A rate equal to or greater than 13.30% but less than 13.70% O A rate less than 13.30% or a rate equal to or greater than 14.90%