You have just purchased a new warehouse. To finance the purchase, you've arranged for a 36-year mortgage loan for 80 percent of the $3,360,000 purchase price. The monthly payment on this loan will be $16,900 What is the APR on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal plac e.g., 32.16. APR What is the EAR on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal place 7.54 % e.g., 32.16) EAR References eBook &Resources Periods Check my work