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Can you please help me with the last part A and B Assume that the lender imposes a 3% prepayment penalty on loans prepaid within

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Can you please help me with the last part A and B

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Assume that the lender imposes a 3% prepayment penalty on loans prepaid within the first 8 years, what than would be the effective rate of interest in a) and b) a) b) PV 120,000 PV 120,000 N 30 N 96 FV 0 FV -57,513.597 PMT $790.09 PMT $790.09 6.95% 1.79%

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