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Joshua borrowed $500 for one year and paid $50 in interest. the bank charged him $5 service charge. What is the finance charge on this

Joshua borrowed $500 for one year and paid $50 in interest. the bank charged him $5 service charge. What is the finance charge on this loan? He borrowed the $500 on January 1, 2014 and paid it all back at once on December 31, 2014. what is the APR?

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