You want to buy a new sports coupe for $80,000, and the finance office at the dealership has quoted you a loan with an APR of 7.0 percent for 30 months to buy the car. 1. (5 points) What will your monthly payments be? 2. (5 points) What is the effective annual rate on this loan? Be sure to show what values you put into your calculator or the equations you used - just a numerical answer, even if correct, will not receive full credit