APR Calculator

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Formula

Formula: APR Calculator

Results

Calculated APR

3.15%

Payment Amount: $856.07

Total of 12 Payments

Total Interest: $272.90

Total Cost: $10,372.90

Input Details

Loan Amount	$10,000.00
Interest Rate	5.00%
Loan Term	12 months
Additional Fees	$100.00
Compound Frequency	Monthly
Payment Frequency	Monthly

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