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Please help ASAP! Save Submit Assignment for Grading 10 of 30 Check My Work (a remaining) eBook I lend you $35,000. The loan will be

Please help ASAP! image text in transcribed
Save Submit Assignment for Grading 10 of 30 Check My Work (a remaining) eBook I lend you $35,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 12% with interest paid monthly, what will be the monthly loan payment, what will be the loan's EAR? to two decimal places. Monthly loan payment: EAR: Do not round intermediate calculations. Round your answer for the monthly loan payment to the nearest cent and for EAR

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