Finance Question Please Help?

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You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 35-year mortgage loan for 70 percent of the $ 2,900,000 purchase price. The monthly payment on this loan will be $ 11,236. Therefore, the APR on this loan is percent and the EAR is percent. (Input answers as percents rounded to 2 decimal places, without the percent sign.)

1 Comment
  1. Reply
    Harvey DEntist
    May 19, 2011 at 10:40 am

    were not doing your homework!

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