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Karen borrowed money from her credit union using her car as collateral. The monthly interest rate on the loan is 0.22%. There were no other

Karen borrowed money from her credit union using her car as collateral. The monthly interest rate on the loan is 0.22%. There were no other fees associated with the loan. What is the APR of Karen's car loan? Assume 12 equal months. O26.40% APR. 00.22% APR. O2.20% APR. O2.64% APR.
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Karen borrowed money from her credit union using her car as collateral. The monthly interest rate on the loan is 0.22%. There were no other fees associated with the loan. What is the APR of Karen's car loan? Assume 12 equal months. 26.40% APR. 0.22% APR. 2.20% APR. 2.64% APR

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