Mathematics, 13.07.2019 06:40 jones03riley

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. a. 7.91% c. 20.25% b. 79.1% d. 2.09%

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