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Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using the APR formula. (Round dollar amounts to the

Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using the APR formula. (Round dollar amounts to the nearest cent and percentages to one decimal place.) Amount Number of Monthly Financed Payments Payment $18,500 72 $426.08 A Finance Charge APR %
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Calculate the finance charge (in \$) and the annual percentage rate for the instaliment loan by using the APR formula. (Round dollar amounts to the nearest cent and percentages to one decimal place.)

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