Two banks in the area offer $25-$year, $$325,000$ mortgages at $5\mathrm{.}8$ percent and charge a $$5,000$ loan application fee. However, the

application fee charged by Insecurity Bank and Trust is refundable if the loan application is denied, whereas that charged by I.M$.$

Greedy and Sons Mortgage Bank is not. The current disclosure law requires that any fees that will be refunded if the applicant is

rejected be included in calculating the APR, but this is not required with nonrefundable fees $($presumably because refundable fees are

part of the loan rather than a fee$).$ What are the EARs on these two loans? What are the APRs?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$