Given a loan of $$48,000$ for three years with a rate of $10\%,$ what are the total finance charges? Amortization chart

Multiple Choice

$$8,352\mathrm{.}48$

$$1,548\mathrm{.}96$

$$55,762\mathrm{.}56$

$$5,023\mathrm{.}68$

$$7,762\mathrm{.}56$