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Need to understand the following for work but have limited math experience. Can anyone put this into a working example to help make sense?
I've attached the image.
Loan value is £100
14 weekly payment of £9.15
Flat rate of interest £28.10
Total payable £128.10
The formula is work out the APR for the loan value.
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APR Formula
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APR Formula
by Guest » Mon Jul 01, 2019 4:18 pm
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