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Using the add-on method, calculate the APR of a loan for $11.150 at 8% for 3 years. Calculate the average daily balance and finance charge. LU 10-2(I) Before purchasing a used car, Cody checked www.kbb.com to learn what he should to buy. Then he conducted a carfax.com search on the car he found to see if the car had was clean so he purchased the used car for $14, 750. He put $2, 000 down and financed the What is his monthly car payment by formula? LU 10-I(I) For the best terms on a loan or credit card, you need a credit score above 700. To achieve Pay all of your bills on time. In addition, use only one-third of your available credit