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?

A16.50%–16.75%

B17.00%–17.25%

C16.75%–17.00%

D17.25%–17.50%