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Mathematics, 18.11.2019 03:31 tabbydory3366

There is a $81,818 loan with annual interest due. there was $900 in closing fees and $6,300 in total interest the first year. if the apr is the finance charge (interest plus fees) for one year ÷ amount financed, what was the apr for that year?

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There is a $81,818 loan with annual interest due. there was $900 in closing fees and $6,300 in total...
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