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Calculate the Finance Charge, the Finance Charge Per $100, and the Annual

Question 66

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Calculate the finance charge, the finance charge per $100, and the annual percentage rate for the following installment loan using the APR tables, Table 13-1 from your text (round dollars to the nearest cent).  Amount  Number of  Monthly  Finance  Finance  Financed  Payments Payment  Charge  Charge per $100 APR $10,00036$365.28\begin{array} { l l l l l l } \text { Amount } & \text { Number of } & \text { Monthly } & \text { Finance } & \text { Finance } \\ \underline { \text { Financed }} & \underline { \text { Payments} } & \underline { \text { Payment } } & \underline { \text { Charge }} & \underline { \text { Charge per }} \$ 100 & \underline { \text { APR }} \\\$ 10,000 & 36 & \$ 365.28 & & &\end{array}

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$3,150.08;...

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