Use the following information and the tables in the Business Math Handbook that accompanies the course textbook to answer the question.
$140.10 per month
Cash price: $5,600
Down payment: $0
Cash or trade months with bank-approved credit; amount financed: $5,600 Finance charge: $2,806
Total payments: $8,406
What is the APR by table lookup?
A. 16.50%-16.75%
B. 17.00%-17.25%
C. 16.75%-17.00%
D. 17.25%-17.50%
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