Jack Fitzgerald wishes to purchase a used car that has a cash price of $12,000 The installment terms include a down payment of $3,000 and 48 monthly payments of $218 a) What finance charge will Jack pay? b) What is the APR to the nearest half percent? Annual Percentage Rate Table for Monthly Payment Plans (Finance charge per $100 of amount financed) Number 7.50% 8.00% 8.50%, 9.00% 9.50% of Payments 36 1190 12.81 13.64 14.48 15:32 48 16.06 17.18 18.31 19.45 20.59 Gm The finance charge is $