Mathematics, 09.03.2021 02:00 azibur3191

You have just taken out a $2,650 loan from your local bank. You paid off the loan in 1 year by making 12 monthly payments with a total interest charge of $300.00. Determine, from the information given, the annual percentage rate (APR). Round your answer to the nearest hundredth of a percent.

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You have just taken out a $2,650 loan from your local bank. You paid off the loan in 1 year by makin...

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