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Jamie needs a new roof on her house. The cash cost is $ 5 2 0 0 . She decides to finance the project by

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?

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