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How Can We Calculate The APR On A Fixed Interest Loan From The Following Data: Term = 24 Months Monthly Payments = 221?
asked 2 years ago
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APR or Annual Percentage Rate is the total amount including interest and other costs of the loan. One can not calculate the APR for this problem unless you mention the principle amount of the loan. For further help, you can visit the following site:
www.efunda.com
answered 10 months ago
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