Question: need help asap problem 2 & 3 Annual Percentage Rate 8.0% 8.5% 9.0% 9.5% 10.0% 6.0% 6.5% 7.0% 7.5% 10.5% 11.0% 11.5% 12.0% Number of

Annual Percentage Rate 8.0% 8.5% 9.0% 9.5% 10.0% 6.0% 6.5% 7.0% 7.5% 10.5% 11.0% 11.5% 12.0% Number of Payments 6 12 18 24 30 36 48 60 $1.76 3.28 4.82 6.37 7.94 9.52 12.73 16.00 (Finance charge per $100 of amount financed) $1.90 $2.05 $2.20 $2.35 $2.49 $2.64 $2.79 $2.94 $3.08 3.56 3.83 4.11 4.39 4.66 4.94 5.22 5.50 5.78 5.22 5.63 6.04 6.45 6.86 7.28 7.69 8.10 8.52 6.91 7.45 8.00 8.54 9.09 9.64 10.19 10.75 11.30 8.61 9.30 9.98 10.66 11.35 12.04 12.74 13.43 14.13 10.34 11.16 11.98 12.81 13.64 14.48 15.32 16.16 17.01 13.83 14.94 16.06 17.18 18.31 19.45 20.59 21.74 22.90 17.40 18.81 20.23 21.66 23.10 24.55 26.01 27.48 28.96 $3.23 6.06 8.93 11.86 14.83 17.86 24.06 30.45 $3.38 6.34 9.35 12.42 15.54 18.71 25.23 31.96 $3.53 6.62 9.77 12.98 16.24 19.57 26.40 33.47 Jennifer bought a new Ford Focus for $14,400. She made a down payment of $4,000 and made monthly payments of $319 for 3 years. Find the APR. APR - ^ (Round to the nearest whole percentage on the table) Question 2 (10 points) Hector bought his wife a turquoise bracelet, earrings, and pendant for her birthday. He paid $1,125 for the set and had a down payment of $175. He paid the balance with 12 monthly payments of $84. Find the APR. Use the APR table from Question 1. APR - %6 (Round to the nearest whole percentage on the table) Question 3 (10 points) Mary bought a preowned Corvette for $27,900.00. She made a down payment of thinnnten C2RO 50 Find - Question 2 (10 points) Hector bought his wife a turquoise bracelet, earrings, and pendant for her birthday. He paid $1,125 for the set and had a down payment of $175. He paid the balance with 12 monthly payments of $84. Find the APR. Use the APR table from Question 1. APR = % A (Round to the nearest whole percentage on the table) Question 3 (10 points) Mary bought a preowned Corvette for $27,900.00. She made a down payment of $8,000.00 and financed the rest over 5 years with monthly payments of $389.50. Find the APR. Use the APR table from Question 1. APR - % A) (Round to the nearest whole percentage on the table)
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