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The answer is not 12.8% nor 13.6%. Calculate the APR of a loan for $10,125, including loan fees of $350, at 13% for 6 years.
The answer is not 12.8% nor 13.6%.
Calculate the APR of a loan for $10,125, including loan fees of $350, at 13% for 6 years. (Do not round intermediate calculations. Round your answer to the nearest tenth percent.) APR 12.8 %Step by Step Solution
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