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Zahra is offered what appears to be a very competitive loan of $ 3 , 0 0 0 to be paid back in 2 4

Zahra is offered what appears to be a very competitive loan of $3,000 to be paid back in 24 monthly payments of $145.00 with a finance charge of $360. Using the n-ratio method of estimating the APR, what is the APR on this loan?

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