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Which of the following is the APR ( true annual interest rate) to the nearest half percent for a loan of $3250 with a down
Which of the following is the APR ( true annual interest rate) to the nearest half percent for a loan of $3250 with a down payment of $750 add-on the interest rate of %7 and 36 monthly payments?
12.5%
12%
13.5%
13.0%
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