What will your monthly payment be for a car you purchase for $70,000 today where the bank will finance il for you for 72 months at 2.99% (APR)? $1,667.75 $2.378.09 $1,409.90 $1,837.66 $1,063.24 QUESTION 12 6 po What is your effective rate of interest (EAR) for the car loan of the previous question? 0.25% 3.03% QUESTION 12 What is your effective rate of interest (EAR) for the car loan of the previous question? 0.25% 3.03% 1.50% 2.99% 3.50%