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17 December, 21:19

Choose the correct answer. Stacy Smith has a $50,000 loan. She paid $250 for a credit report, $300 for attorneys, $250 for appraisal fees, and $5,268 in total interest for 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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  1. 17 December, 23:00
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    Hello,

    The answer is 12.1%

    Good Luck!
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