ou want to buy a car, and a local bank will lend you $35,000. The loan will be fully amortized over 5 years ( 60 months), and the nominal interest rate vill be 7% with interest paid monthly. What will be the monthly loan payment? What will be the loan's EAR? Do not round intermediate calculations. tound your answer for the monthly loan payment to the nearest cent and for EAR to two decimal places. lonthly loan payment: $