Jamie needs a new roof on her house. The cash cost is $5200. She decides to finance the project by paying 12.0% down, with the balance paid in 30 monthly payments of $170. 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 %.

\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{\begin{tabular}{l} Number of \\ payments \end{tabular}} & \multicolumn{13}{|c|}{\begin{tabular}{l} Annual Percentage Rate Table for Monthly Payment Plans \\ Annual Percentage Rate \end{tabular}} \\ \hline & 4.0% & 4.5% & 5.0% & 5.5% & 6.0% & 6.5% & 7.0% & 7.5% & 8.0% & 8.5% & 9.0% & 9.5% & 10.0% \\ \hline & \multicolumn{13}{|c|}{ (Finance charge per $100 of amount financed). } \\ \hline 6 & 1.17 & 1.32 & 1.46 & 1.61 & 1.76 & 1.90 & 2.05 & 2.20 & 2.35 & 2.49 & 2.64 & 2.79 & 2.93 \\ \hline 12 & 2.18 & 2.45 & 2.73 & 3.00 & 3.28 & 3.56 & 3.83 & 4.11 & 4.39 & 4.66 & 4.94 & 5.22 & 5.50 \\ \hline 18 & 3.20 & 3.60 & 4.00 & 4.41 & 4.82 & 5.22 & 5.63 & 6.04 & 6.45 & 6.86 & 7.28 & 7.69 & 8.10 \\ \hline 24 & 4.22 & 4.75 & 5.29 & 5.83 & 6.37 & 6.91 & 7.45 & 8.00 & 8.54 & 9.09 & 9.64 & 10.19 & 10.75 \\ \hline 30 & 5.25 & 5.92 & 6.59 & 7.26 & 7.94 & 8.61 & 9.30 & 9.98 & 10.66 & 11.35 & 12.04 & 12.74 & 13.43 \\ \hline 36 & 6.29 & 7.09 & 7.90 & 8.71 & 9.52 & 10.34 & 11.16 & 11.98 & 12.81 & 13.64 & 14.48 & 15.32 & 16.16 \\ \hline 48 & 8.38 & 9.46 & 10.54 & 11.63 & 12.73 & 13.83 & 14.94 & 16.06 & 17.18 & 18.31 & 19.45 & 20.59 & 21.74 \\ \hline 60 & 10.50 & 11.86 & 13.23 & 14.61 & 16.00 & 17.40 & 18.81 & 20.23 & 21.66 & 23.10 & 24.55 & 26.01 & 27.48 \\ \hline \end{tabular}