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Joshua borrowed $1,200 for one year and paid $60 in interest. The bank charged him aservice charge of $9. If Joshua repaid the loan in

Joshua borrowed $1,200 for one year and paid $60 in interest. The bank charged him aservice charge of $9. If Joshua repaid the loan in 12 equal monthly payments, what is the APR?(Enter your answer as a percent rounded to 1 decimal place.)

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