Jamie needs a new roof on her house. The cash cost is $$4300.$ She decides to finance the project by paying $13\mathrm{.}0\%$ down, with the balance paid in $12$ monthly payments of $$329.$

a$)$ What finance charge will Jamie pay?

b$)$ What is the APR to the nearest half percent?

Click the icon to view the APR table.

a$)$ The finance charge is $

b$)$ The APR is $\%.$

Jamie needs a new roof on her house. The cash cost is $$4300.$ She decides to finance the project by paying $13\mathrm{.}0\%$ down, with the balance paid in $12$ monthly payments of $$329.$

a$)$ What finance charge will Jamie pay?

b$)$ What is the APR to the nearest half percent?

Click the icon to view the APR table.

a$)$ The finance charge is $ $$

b$)$ The APR is $\%$