Shawn agreed to a $ 140,000 fixed-rate loan from First National Bank today and promised to repay the loan with 36 equal monthly payments at an APR of 7 %. How large are her monthly payments? Use a financial calculator to determine your answer. Make sure you set up your calculator for the appropriate number of payments per year accordingly.

A)$15,821.78

B)$3,663.87

C)$4322.79

D)$932.45

Donald agreed to a $100,000 fixed-rate loan from First National Bank today and promised to repay the loan with 36 equal monthly payments at an APR of 6.50%. What is the EAR of his loan? (Hint: If you use the HP financial calculator, make sure you're set up correctly, and have N set accordingly before calculating EAR

A)6.90%

B) 7.10%

C)6.70%

D)6.50%

Firms that pay dividends typically pay ________ time(s) per year

A) Two

B) One

C) Four

D) Twelve

A common practice today is to have shares of stock in the ________ , using the name of the broker as owner rather than you

A) Bearer Name

B) Street Name

C)Broker name

D) Beneficiary name