Calculate APR by Table Lookup (To Nearest Hundredth Percent)

question 53

Short Answer

Calculate APR by table lookup (to nearest hundredth percent):
$$\begin{array} { | l | l | l | l | l | } \hline \text { Purchase } && \text { Number of } & & \\\text { Price } & \begin{array} { l } \text { Down } \\\text { Payment }\end{array} & \begin{array} { l } \text { monthly } \\\text { payment }\end{array} & \begin{array} { l } \text { Amount } \\\text { financed }\end{array} & \begin{array} { l } \text { Total } \\\text { payments }\end{array} \\\hline \$ 1,800 & \$ 100 & 20 & \$ 1,700 & \$ 1,900 \\\hline\end{array}$$