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payment of $111.73. The amount she borrowed was $3700. Instead of making her 6 th payment, Jeslie Ann is paying off the remaining balance of
payment of $111.73. The amount she borrowed was $3700. Instead of making her 6 th payment, Jeslie Ann is paying off the remaining balance of the loan. Answer parts a) through c) below. of Payments 4.0% 4.5% 5.0% 5.5% (Finance charge per $100 of amount financed) 30 5.25 5.92 6.59 7.26 36 6.29 7.09 7.90 8.71 48 8.38 9.46 10.54 11.63 a) Determine the APR on the instaliment loan. APR = (Type an integer or a decimal.)
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