Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using the APR formula. (Round dollar amounts to the nearest cent and percentages to one decimal place.)...


Calculate the finance charge (in $) and the annual percentage rate for the installment loan by using the APR formula. (Round dollar amounts to the nearest cent and percentages to one decimal place.)


















Amount
Financed		Number of
Payments		Monthly
Payment		Finance
Charge		APR
$18,50072$426.08$ %


Jun 04, 2022
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