You have just purchased a new warehouse. To finance the purchase, you've arranged for a 35 -year mortgage loan for 75 percent of the $3,250,000 purchase price. The monthly payment on this loan will be $15,800. a. What is the APR on this loan? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the EAR on this loan? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16