12. The table below shows the rate of return (APR) for four investment alternatives. Which one offers the highest EAR? Investment: Rate of Return: Compounding A 5.7% Yearly B 5.6% Semiannually 5.5% Monthly D 5.5% Weekly 13. Suppose you are buying your first condo for $440,000, and you will make a $30,000 down payment. You have arranged to finance the remainder with a 30-year, amortized mortgage at a 5.4% interest rate. You will make monthly payments with the first payment due in one month. Assuming that the sellers accept the offer, what will your monthly payments be? 14. A house costs $138,000. It is to be paid off in exactly ten years, with monthly payments of $1675. What is the APR of this loan? (Hint: calculate monthly rate first; then use APR= monthly rate*12)