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Calculate the APR of a loan for $9,850, including loan fees of $240, at 11% for 3 years. (Do not round intermediate calculations. Round your

Calculate the APR of a loan for $9,850, including loan fees of $240, at 11% for 3 years. (Do not round intermediate calculations. Round your answer to the nearest tenth percent.) please explain it. i want to know how to solve it

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