Solve the problem and use the table to find the annual percentage rate. 
-Eric Yu purchased a boat costing $12,900 with $800 down and loan payments of $311 per month for 48 months. Find the total installment cost and the annual percentage rate.
Definitions:
Significant Influence
The power to participate in the financial and operating policy decisions of a business but is not control or joint control of those policies.
Voting Shares
Shares that give the holder the right to vote on company matters, such as electing the board of directors, at shareholder meetings.
Ordinary Shares
Equity securities that entitle their holders to vote at shareholder meetings and to receive dividends, representing ownership in a corporation.
Equity Carrying Amount
A rephrased new definition: The recorded book value of an equity investment in the financial statements, reflecting adjustments for profits, losses, and other relevant transactions.
Q12: 5,636 to the nearest ten<br>A)5,740<br>B)5,630<br>C)5,650<br>D)5,640
Q22: A drill press cost $5,000 and has
Q28: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8285/.jpg" alt=" A)89,626 B)85,622 C)85,542
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Q45: What was the total increase in sales
Q47: Grocery expenses for the past six months:
Q47: Mark Collins had an adjusted gross income
Q55: $56.59200<br>A)$56.60<br>B)$56.59<br>C)$56.589<br>D)$56.58
Q85: Describe some situations where the mode is
Q160: Why don't you have to line up