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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.- 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.