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Ramon Hernandez saw the following advertisement for a used Volkswagen Bug and decided to work out the numbers to be sure the ad had no

Ramon Hernandez saw the following advertisement for a used Volkswagen Bug and decided to work out the numbers to be sure the ad had no errors.
Cash price $7,740
Down payment $0
Annual percentage rate 15.03%
Deferred price $11,076.60 or 60 payments at $184.61 per month
a. Calculate the amount financed.
Amount financed
b. Calculate the finance charge.
Note: Round your answer to the nearest cent.
Finance change
c. Calculate the APR by table lookup. (Use Tablem.14.1.)
Note: Round your answers to 2 decimal places.
APR: between
% and
%
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