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You want to buy a new sports coupe for $68,500,jand the finance office at the dealership has quoted you a loan with an APR of

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You want to buy a new sports coupe for $68,500,jand the finance office at the dealership has quoted you a loan with an APR of 5.9 percent for 60 months the car Requirement 1: What will your monthly payments be? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g. 32.16)-) Monthly payment Requirement 2: What is the effective annual rate on this loan? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g 32.16)-) Effective annual rate

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