10. Chris Manning purchased a 36-month installment loan. The monthly a s7.59o motorcycle with payments are $261.44 per month. a. Use the APR percentage rate of the loan. Round to the near- est formula to calculate the annual hundredth of a percent Use the APR tables to verify your answer from part a. SkyHigh Aircraft Sales uses the Executive National Bank to finance customer aircraft purchases. This month Executive National is offering 60-month installment loans with an APR of 11.25%. A 15% down payment is required. The president of vista Industries wants to finance the pur- chase of a company airplane for $250,000. a. Use the APR tables to calculate the finance charge. b. What are the monthly payments on Vista's aircraft loan