Amortization schedule with periodic payments. Moulton Motors is adveritizing the following deal on a new Honda Civic: "monthly payments of $350.89 for the next 60 months and this beauty can be yours!" The sticker price of the car is $17,000. If you bought the car, what interest rate would you be paying in both APR and EAR terms? what is the amortization schedule of the first six payments?

P5-11 similar to) Amortization schedule with periodic payments Moulton Motoris advertising the following deal on a new Honda Civic: "Monthly payments of $352 89 for the next 60 months and this beauty can be yours. The Sicket price of the car is $17.000. If you bought the car, what interest rate would you be paying in both APR and EAR terms? What is the amortization schedule of the first payments? you bought the car, what monthly interest rate would you be paying? (Round to four decimal places.)