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Annual Percentage Rate (APR) Calculator for a Single-Payment Loan
This calculator uses the simple interest method to compute the annual percentage rate (APR) for a single-payment loan, given the amount of the loan, the duration of the loan in years, and the total finance charges for the loan.
Please enter the necessary parameter values, and then click 'Calculate'.
- A single-payment loan is a loan in which the principal and all accrued finance charges are repaid using a single payment at the end of the loan term.