You plain on borrowing $150,000 at 3.5 % on a 30 year mortgage, with monthly payments. How much will your monthly payment be (assume you make your first payment 1 month after you close on your mortgage/house). Show calculator inputs. a. $760.03 b. $673.57 c. $851.68 d. $592.68 e. $1, 048.82 Your credit card has a stated rate of 15.9%. The rate is compounded daily. What is the Effective Annual Rate (EAR)? a. 15.12% b. 17.23% c. 16.06% d. 16.23% e. 17.50%