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APR Workout
Comments
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Isn't it obvious for you that the data you posted are not sufficient to answer to your question?
If the loan is for 1 year, 14255.58/10500.00=1.358 and APR is 35.8%
If it is for 10 years, then APR is 3.1%
EDIT 1: my figures are incorrect. I'll post correct ones a little bit later ...
EDIT 2: correct figures are about 61% and 6.4%0 -
sorry its 5 years (or 59 months - A&L got it wrong on the first month and sent docs to confirm 59 months)
W666
If you don't ask, you don't find out!0 -
It is about 13%. See http://www.whatsthecost.com/loan.aspx0
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