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explain step by step or het multiple downvote and report What is the APR of a $3,000 loan? The interest is $810 and the loan

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What is the APR of a $3,000 loan? The interest is $810 and the loan was for three years (Use Table 1). 1. 16.25% 2. 16.50% 3. 15.75% 4. 16.00%

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