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Annuity Payment and EAR You want to buy a car, and a local bank wil tend you $35,000. The loan would be fully amortired over

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Annuity Payment and EAR You want to buy a car, and a local bank wil tend you $35,000. The loan would be fully amortired over 4 years (48 months), and the nominal interest rate would be with Interest paid monthly. What is the monthly loan payment? Do not round intermediate calculations. Round your answer to the nearestent $ What is the loan's EF? Do not round intermediate calculations. Round your answer to two decimal places

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