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C. To raise additional capital, you take a $25,000 three-year Installment loan with monthly payments of $760.50. 1. Find the total installment cost. 2. Determine

C. To raise additional capital, you take a $25,000 three-year Installment loan with monthly payments of $760.50. 1. Find the total installment cost. 2. Determine the finance charge. 3. Approximate the APR using the formula from your text (round to the nearest tenth).
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C. To raise additional capital, you take a $25,000 three-year Installment loan with monthly payments of $760.50. 1. Find the total installment cost. 2. Determine the finance charge. 3. Approximate the APR using the formula from your text (round to the nearest tenth)

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