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    What Is the APR on a Loan That Charges Interest
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What Is the APR on a Loan That Charges Interest

Question 45

Question 45

Multiple Choice

What is the APR on a loan that charges interest at the rate of 1.4% per month?


A) 10.20%
B) 14.00%
C) 16.80%
D) 18.16%

Correct Answer:

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