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

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

a. 14.00%
b. 18.16%
c. 10.20%
d. 16.80%

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Jun 19, 2022 01:55 AM

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

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Personal Finance

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