Is there a shortcut for APR calculation?

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Question:

How can I calculate APR without manual or guide? Is it possible to get a short cut to calculate the APR?

Answer:

There's a free APR calculation tool available for download on the Internet. Supplied by the Office of the Comptroller of the Currency, the tool is designed for banks, but can help anyone calculate an APR.

Here's a link: http://www.occ.treas.gov/aprwin.htm

First published on BankersOnline.com 11/29/04