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FINANCE MODULE 7 FINANCIAL INSTITUTIONS PART 2 NAME Keypad loans: Convert a $20 fee for a $100 loan over 2 weeks into an annual fee (52 weeks) $_520___ What is this fee as an annual interest rate?

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What is apr table and finding?

The APR table and finding is a report that discloses the annual percentage rate (APR) and other relevant information about a loan or credit card.

Who is required to file apr table and finding?

Lenders and financial institutions are required to file APR table and finding for each loan or credit card offered to consumers.

How to fill out apr table and finding?

The APR table and finding can be filled out by inputting the loan or credit card details, including the APR, fees, and terms, into the designated form.

What is the purpose of apr table and finding?

The purpose of the APR table and finding is to provide transparency and help consumers compare loan and credit card offers more easily.

What information must be reported on apr table and finding?

The APR table and finding must include the annual percentage rate, fees, total cost of the loan, payment schedule, and other relevant terms and conditions.

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