please slove these two questions. detail, Thank you!

Problem 5-30 Annuities (L04) You have just borrowed $220,000 to buy a condo. You will repay the loan in equal monthly payments of $1,770.17 over the next 30 years. a-1. What monthly interest rate are you paying on the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Monthly interest 9.00 % rate 3-2. What is the APR? (Do not round intermediate calculations. Enter your answer as a whole percent.) APR APR 1 % b. What is the effective annual rate on that loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Return to questi APR b. What is the effective annual rate on that loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Effective annual rate c. What rate is the lender more likely to quote on the loan? APR EAR Return to question Problem 5-55 Effective Interest Rate (L04) You borrow $1,000 from the bank and agree to repay the loan over the next year in 12 equal monthly payments of $90. However, the bank also charges you a loan initiation fee of $23, which is taken out of the initial proceeds of the loan. What is the effective annual interest rate on the loan, taking account of the impact of the initiation fee? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Use a financial calculator or Excel.) Answer is complete but not entirely correct. Effective annual interest rate 10.30 %