Calculate APR by table lookup:
$$\begin{array} { | l | l | l | l | l | }
\hline \text { Purchase Price } & \text { Down Payment } & \begin{array} { l }
\text { Number of } \
\text { monthly payments }
\end{array} & \begin{array} { l }
\text { Amount } \
\text { financed }
\end{array} & \text { Total Payment } \
\hline \$ 5,950 & \$ 150 & 40 & \$ 5,800 & \$ 6,900 \
\hline
\end{array}$$

Question

Calculate APR by table lookup:
 $$\begin{array} { | l | l | l | l | l | } 
\hline \text { Purchase Price } & \text { Down Payment } & \begin{array} { l } 
\text { Number of } \
\text { monthly payments }
\end{array} & \begin{array} { l } 
\text { Amount } \
\text { financed }
\end{array} & \text { Total Payment } \
\hline \$ 5,950 & \$ 150 & 40 & \$ 5,800 & \$ 6,900 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate APR by table lookup:
 $$\begin{array} { | l | l | l | l | l | } 
\hline \text { Purchase Price } & \text { Down Payment } & \begin{array} { l } 
\text { Number of } \
\text { monthly payments }
\end{array} & \begin{array} { l } 
\text { Amount } \
\text { financed }
\end{array} & \text { Total Payment } \
\hline \$ 5,950 & \$ 150 & 40 & \$ 5,800 & \$ 6,900 \
\hline
\end{array}$$

Calculate APR by Table Lookup