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Edward has invested $5,000 in a savings account that is paying interest at a 7% (stated rate), compounded quarterly. What is the Average Annual Percentage Yield (APY) that Edward earned on his initial investment over the 4 year period? 7.5582%7.9982%7.0000%7.7504% QUESTION 17 Assume Mary agrees to a 15 -year, $200,000 mortgage loan, with a rate of 5% with estimated upfront closing costs to be $2,500. What are Mary's monthly loan payments? $1554.22$1,581.59$1595.46$1566.45 QUESTION 18 Assume Mary agrees to a 15 -year, $200,000 mortgage loan, with a rate of 5% with estimated upfront closing costs to be $2,500. What is the Annual Percentage Rate (APR) on this loan? 5.191% 5.000% 4.887% 5.332%