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OpenStudy (anonymous):
HELP.... PLEASE>.....
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OpenStudy (jordan123321):
what can i help you with
OpenStudy (anonymous):
John Brown has a $50,000 loan. He has a 9% annual interest rate. He paid $2,000 in fees and $4,486.05 in total interest the first year. If the APR is the finance charge (interest plus fees) for one year ÷ amount financed, what was the APR rounded to the nearest percent for that year?
OpenStudy (jordan123321):
what do you think the answer is
OpenStudy (anonymous):
12.6
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