Straight bank loan. Left Bank has a standing rate of 8.1% (APR) for all bank loans and requires monthly payments. What is the monthly payment if a loan is for (a) $130,000 for 4 years, (b) $285,000 for 9 years, or (C) $1,500,000 for 24 years? What is the effective annual rate of each of these loans? CD (a) What is the monthly payment if a loan is for $130,000 for 4 years? (Round to the nearest cent.) Straight bank loan. Right Bank offers EAR loans of 9.48% and requires a monthly payment on all loans. What is the APR for these monthly loans? What is the monthly payment for a loan of (a) $245,000 for 5 years, (b) 5470,000 for 14 years, or (C) $1,100,000 for 30 years? .. What is the APR for these monthly loans? % (Round to three decimal places.)