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This Question: 2 pts 21 of 22 (0 complete) Annual Percentage Rate Table for Monthly Payment Plans Jack Fitzgerald wishes to purchase a used car

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This Question: 2 pts 21 of 22 (0 complete) Annual Percentage Rate Table for Monthly Payment Plans Jack Fitzgerald wishes to purchase a used car that has a cash price of $11,000. The installment terms include a down payment of $2,000 and 48 monthly payments of $219. a) What finance charge will Jack pay? b) What is the APR to the nearest half percent? (Finance charge per $100 of amount financed) Number 7.50% 8.00 8.50 9.00 9.50% Payments 36 48 11.98 16 06 12.81 13.54 14.48 1532 17 18 18:31 19:45 20:59 The finance charge is $ The APR is % Enter your answer in each of the answer boxes

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