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You want to buy a car, and a local bank will lend you $$15,000.$ The loan will be fully amortized over $5$ years $(60$ months$),$ and the nominal interest rate will be $8\%$ with interest paid monthly. What will be the monthly loan payment? What will be the l$$an$\text{'}$s EAR? Do not round intermediate calculations. Round your answer for the monthly loan payment to the nearest cent and for EAR to two decimal places.

Monthly loan payment: $

EAR: $\%$

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Partially Correct