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jamie purchased $40,500 of equipment for her business with financing provided by the seller. The seller used the add-on method to calculate Jamies monthly payment

jamie purchased $40,500 of equipment for her business with financing provided by the seller. The seller used the add-on method to calculate Jamies monthly payment for the 6.5% 3-year loan. What is the APR for Jamies loan (to the nearest percent)?

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