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please provide the excel formula refer to the answer in the highlighted cell What is the effective APR on a $165,000 loan quoted @ 6.25%

please provide the excel formula refer to the answer in the highlighted cell

  1. What is the effective APR on a $165,000 loan quoted @ 6.25% APR over 15 years with $3,375 in fees (monthly payments)?

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15 PV FV $ V/fee $ 165,000 168,375 APR 6.57% 6.25% Years 15 15 N 180 180 Balance Pmt ($1,443.69) $ ($1,443.69) $ $0.00 15 PV FV $ V/fee $ 165,000 168,375 APR 6.57% 6.25% Years 15 15 N 180 180 Balance Pmt ($1,443.69) $ ($1,443.69) $ $0.00

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