You're borrowing $4,000 for a year and a half with a stated annual interest rate of 10%. Complete the following table. (Note: Round your answers to the nearest dollar.) Principal $4,000 Finance charges S Loan disbursement Total payback $ Annual Percentage Rate (APR) You also want to calculate the APR (annual percentage rate) and compare it to the stated interest rate. APR Average Annual Finance Charge Average Loan Balence Ostatanding by the life of the loan, which is a year and a First, compute the average annual finance charge by dividing the total finance charge of half (1.5 years) - S (Note: Round your answers to the nearest dollar.) Next, as a single-payment loan, the average loan balance outstanding is constant at the in this case, S Complete the calculation. (Note: Round your answers to the nearest dollar and your percentage point to the nearest two decimal places.) APR Average Annual Finance Charge / Average Loan Balance Outstanding /S D % The APR is the stated interest rate because the O Loan is a single-payment loan O Term of the loan is more than six months O Formula to compute finance charges is the same for the discount and simple interest methods. O Discount method was used to calculate finance charges