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Straight bank loan.Right Bank offers EAR loans of 8.97 % and requires a monthly payment on all loans. What is the APR for these monthly

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Straight bank loan.Right Bank offers EAR loans of 8.97 % 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) $205,000 for 7 years (b) $430,000 for 11 years, or (c) 1,100,000 for 29 years?

Straight bank loan. Right Bank offers EAR loans of 8.97% 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) $205,000 for 7 years, (b) $430,000 for 11 years, or (c) $1,100,000 for 29 years? What is the APR for these monthly loans? % (Round to three decimal places.)

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