Wei-Jen needs to borrow $6000. She can borrow from a finance company at 5.70% add-on interest for 4 years. Or she can borrow from a credit union

(48monthly payments of $155.08 each.) Find each APR and determine the better choice.

# of monthly payments (n)	10.0 APR	10.5 APR	11.0 APR	11.5 APR	12.0 APR	12.5 APR	13.0 APR
24	10.75	11.30	11.86	12.42	12.98	13.54	14.10
36	16.16	17.01	17.86	18.71	19.57	20.43	21.30
48	21.74	22.90	24.06	25.23	26.40	27.58	28.77
60	27.48	28.96	30.45	31.96	33.47	34.99	36.52