Question 1 (1 point) You borrow $10000 from a bank for 3 years at an annual interest rate, or annual percentage rate (APR), of 12%. Monthly payments will be made until all the principal and interest have been repaid. If you must pay two points up front, meaning that you get only $9,800 from the bank, what is your true APR on the loan? (Please use the format as 1.25%, and put % in the units) Your Answer: Answer units Question 2 (1 point) You borrow $19,500 from a bank for 6 years at an annual interest rate, or annual percentage rate (APR), of 14%. Monthly payments will be made until all the principal and interest have been repaid. What is your monthly payment