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Annuity. Payment and EAR You want to buy a car, and a local bank will lend you $15,000. The loan would be fully amortized over

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Annuity. Payment and EAR You want to buy a car, and a local bank will lend you $15,000. The loan would be fully amortized over 5 years {60 months , and the norminal interest rate would be 6%, whth interest gaid monthly. What is the monthly loan payment? Do not sound intermediate calculations. Round your answer to the nearest cent. 3 What is the loan's tFf $ ? Do not round intermediate calculations. Round your answer to two decamal places

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