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f) What is your balance 6 years after you take out the loan g) If you repay this loan after 6 years, what is
f) What is your balance 6 years after you take out the loan g) If you repay this loan after 6 years, what is the yield (expressed as an APR) for the lender? h) What is the yield expressed as an EAR? i) If you repay this loan after 6 years, what is the effective borrower cost (EBC) to you (expressed as an APR)? j) What is the EBC expressed as an EAR?
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