Thread: Loans
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Old 13-01-2007, 19:53   #45
Less
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Re: Loans

Quote:
Originally Posted by mani View Post
so if i bought £100 worth vouchers from them

in a yr how much wud i have to pay back? 540?
Here mani I'll give you the formula and you can work it out for yourself




A simplified formula for working out APR is (1+m)^12-1, where m is the monthly rate.

taken from:-
Calculating Credit Card APR
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