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 $8,010 Down payment $0 Annual percentage rate 16.03% Deferred price $11,688.00 or 60 payments at $194.80 per month a. Calculate the amount financed. Answer is complete and correct. Amount financed $8,010 b. Calculate the finance charge. (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete and correct. Finance charge $3.678.00 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 107.06 d. Calculate the monthly payment by formula. (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete but not entirely correct. Monthly payment by formula 240.500