5.Youhavejustpurchasedanewwarehouse.Tofinancethepurchase,you’vearrangedfora37-yearmortgageloanfor85percentofthe$3,270,000purchaseprice.Themonthlypaymentonthisloanwillbe$16,000.(a)WhatistheAPRonthisloan?(b)

Question

5. You have just purchased a new warehouse. To finance the purchase, you’ve arranged for a 37-year mortgage loan for 85 percent of the $3,270,000 purchase price. The monthly payment on this loan will be $16,000.
(a) What is the APR on this loan?
(b) What is the EAR on this loan?
求答案

Answer 1

5. 您以按揭贷款方式购买了一个新的仓库.贷款额为327万美元,即总价款的85%,贷款期限为37年.月均还款额为1万6千美元.
（a）此项贷款的年利率（APR: Annual Percentage of Rate）为多少?
（b）此项贷款的实际年利率（EAR: Effective APR）为多少?
备注：
The nominal APR is the simple-interest rate (for a year).
The effective APR is the fee+compound interest rate (calculated across a year).