month if the cegular monthlyloan paymeot is 5590.00. Exta what is the raper of the losk? Arale equal te ar greake than 12 06\% tid les than 1272% Red Liard construction just borrowed 559,300.00. The terms of the loan require the company to make equal monthly payments forever. The first monthly payment is due in 1 month. If the cegular monthyloan payment is 5580.00, then what is the EAR of the loan? A rath equal to or greaser than 969% bet less than 10.92% A rate equal to oe gieater than 1092% but loss than 11.49% A rate less than 9.69% er a rate groater than 1272K A rate equal to of greater than 11.49% but loss than 12.06% Arate equal to or greater than 1206% but less than 12.72%