Question: Stephanie Chambers PM CDT Chapter 7 HW Assignment Score: 4285% Save Submit Assignment for Grading Ch07 Financial Planning Exercise 9 4 Question 3 of 4

Stephanie Chambers PM CDT Chapter 7 HW Assignment Score: 4285% Save Submit Assignment for Grading Ch07 Financial Planning Exercise 9 4 Question 3 of 4 Check My Work eBook Chapter 7 Financial Planning Exercise 9 Calculating interest and APR of installment loan Assume that interest is the only finance charge. Use financial calculator to answer the questions. How much interest would be paid on a $9,000 installment loan to be repaid in 60 monthly installments the answer to 4 decimal places. of $200.697 Round % per month what is the APR on this loan? Round the answer to 2 decimal places. Check My Work

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