You want to buy a new sports coupe for $74,800, and the finance office at the dealership has quoted you a loan with an APR of 7.2 percent for 48 months to buy the car. a. What will your monthly payments be? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the effective annual rate 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