Cash price $$7,930$

Down payment $$0$

Annual percentage rate $14\mathrm{.}78\%$

Deferred price $$11,305\mathrm{.}20$ or $60$ payments at $$188\mathrm{.}42$ per month

Required:

Calculate the amount financed.

Calculate the finance charge.

Note: Do not round intermediate calculations. Round your answer to the nearest cent.

Calculate the APR by formula.

Note: Do not round intermediate calculations. Enter your answer as a percentage rounded to $1$ decimal place.

Calculate the monthly payment by add$-$on$-$method.

Note: Do not round intermediate calculations. Round your answer to the nearest cent.

Calculate the monthly payment by formula.

Note: Do not round intermediate calculations. Round your answer to the nearest cent.