Question: Using the add - on method, calculate the APR of a loan for $ 1 1 , 1 5 0 at 8 % for 3

Using the add-on method, calculate the APR of a loan for $11,150 at 8% for 3 years.
Note: Do not round intermediate calculations. Round your answer to the nearest tenth percent.
APR
Using the add-on method, calculate the APR of a loan for

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