Question 3 Homework. Unanswered A loan shark in Waterdown charges an interest rate of 5.4% per month on loans to its customers. The APR and EAR on these loaned funds are __ and ___ respectively. (choose the nearest answer) Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 65%; 88% b 54%; 70% 54%; 169% d 5.4%; 69% Unanswered. 1 attempt left Submit