Answer:
To calculate APR, you can follow these 5 steps:
1. Add total interest paid over the duration of the loan to any additional fees.
2. Divide by the amount of the loan.
3. Divide by the total number of days in the loan term.
4. Multiply by 365 to find annual rate.
5. Multiply by 100 to convert annual rate into a percentage.
Don't know if you still need this, but thought I could help!
