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A car dealer carries out the following calculations. List pricee Options Destination charges Subtotal Tax Less trade-in Amount to be financed 10% interest for 48

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A car dealer carries out the following calculations. List pricee Options Destination charges Subtotal Tax Less trade-in Amount to be financed 10% interest for 48 months Total MONTHLY PAYMENT $15,428.00 $ 3,625.00 $ 350.00 $19,403.00 $ 1,164.18 $ 7,950.00 $12,617.18 $ 5,046.87 $17,664.05 $368.00 What is the annual percentage rate? (Round your answer to one decimal place.)

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