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URGENT!! Assume you take out a car loan of $7,500 that calls for 72 monthly payments of $190 each a. What is the APR of

image text in transcribedURGENT!!

Assume you take out a car loan of $7,500 that calls for 72 monthly payments of $190 each a. What is the APR of the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Use a financial calculator or Excel.) Annual percentage rate b. What is the effective annual interest rate on the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Effective annual rate

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