Last summer you got a job as a salesperson at five and drive. Used car lot. on your first day at work a customer comes in to buy a car and needs to borrow 10000.you tell him you can lend him the the 10000 but that five and drive required monthly payments of 300 for 6 yrs. he tells you that 12 times 300 is 3600 a yr and that is an interest rate of 36% on the 10000 loan. You tell him the par is actually X% what is X? you tell him that the effective annual rate is actually y%. What is y? Show all work