You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 35-year...

You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 35-year mortgage for 85percent of the $4,400,000 purchase price. The monthly payment on this loan will be $18,500.

what is the apr on this loan?

what is the ear on this loan?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

As nothing was mentioned excel is used.

jeff jeffy answered 5 days ago

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