Stephanie bought a chair for $124.00. The finance charge was $24 and she paid for it over 12 months. (Finance Ch arg e: #Months)(12) Use the formula Amount Financed calculate her approximate APR. Approximate APR to Round the answer to the nearest tenth. 
O 20.5% 
O 19.4% 
O 1.6% 
O 1.5%
                                             
                                          
                                          
                                        
											