1.

Find the annual percentage rate, using the annual percentage rate table.

Amount Financed: $2,650

Finance Charge: $484.69

Number of Payments: 36

Amount Financed: $2,650

Finance Charge: $484.69

Number of Payments: 36

(Finance Charge) / (Amount Financed) * 100$ = ($484.69) / ($2,650) * 100$

(Finance Charge) / (Amount Financed) * 100$ = (0.1829) * 100$

(Finance Charge) / (Amount Financed) * 100$=$18.29

In the row of number of Payments 36, we look for:

(Finance Charge) / (Amount Financed) * 100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row

Answer: 11.25%