Chelsea made monthly payments for four years before her $13,440 loan was paid off. the loan had an interest rate of 5.86%, compounded monthly. chelsea paid $156.60 in service charges. to the nearest tenth, what percentage of the total cost of the loan did her finance charges comprise? round all dollar values to the nearest cent. a. 13.6% b. 10.9% c. 9.4% d. 11.9% please select the best answer from the choices provided a b c d
