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Umesh borrowed $ 2 , 0 0 0 for one year and paid $ 2 0 0 in interest. The bank charged him a $

Umesh borrowed $2,000 for one year and paid $200 in interest. The bank charged him a $20 service charge. If Umesh paid the
$2,000 in 12 equal monthly payments, what is the APR?
Note: Enter your answer as a percent rounded to 1 decimal place.
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