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What is the APR on a loan that charges interest at the rate of 1.4% per month? a. 14.00% b. 18.16% c. 10.20% d. 16.80%

What is the APR on a loan that charges interest at the rate of 1.4% per month?

a. 14.00%
b. 18.16%
c. 10.20%
d. 16.80%

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