If the effective annual rate of interest is known to be 18% on a debt that has payments every two months, what is the annual percentage rate? O 20.43% O 16.78% O 12.03% O 15.68% QUESTION 21 You borrow $19459 to buy a car. You will have to repay this loan by making equal monthly payments for 9 years. The bank quoted an APR of 6%. How much is your monthly payment (in $ dollars)? $_ QUESTION 22 Suppose you purchased a stock a year ago. Today, you receive a dividend of $12 and you sell the stock for $116. If your return was 8%, at what price did you buy the stock? $_