Chuck Boyl saw the following advertisement for a used Volkswagen Bug and decided to work out the numbers to be sure the ad had no errors. Cash price $7,930 Down payment $0 Annual percentage rate 14.78% Deferred price $11,305.20 or 60 payments at $188.42 per month a. Calculate the amount financed. Answer is complete but not entirely correct. Amount financed $ 7,390 b. Calculate the finance charge. (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete and correct. Finance charge $ 3,375.20 c. Calculate the APR by formula. (Do not round intermediate calculations. Enter your answer as a percentage rounded to 1 decimal place.) Answer is complete but not entirely correct. APR by formula 14.9 % d. Calculate the monthly payment by add-on-method. (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete but not entirely correct Monthly payment by add-on-method 229.84 e. Calculate the monthly payment by formula. (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete and correct. Monthly payment by formula 187.74