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please answer all parts of the questions a, b, and c Straight bank loan. Right Bank offers EAR loans of 9.09% and requires a monthly
please answer all parts of the questions a, b, and c
Straight bank loan. Right Bank offers EAR loans of 9.09% and requires a monthly payment on all loans. What is the APR for these monthly loans? What is the monthly payment for a loan of (a) $210,000 for 6 years, (b) $440,000 for 14 years, or (c) $1,000,000 for 32 years? What is the APR for these monthly loans? \%. (Round to three decimal places.) Step by Step Solution
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