Find the APR (rounded to the nearest tenth of a percent) for the loan described below. Purchase a living room set for $3,800 at 11% add-on interest for 3 years. % Need Help? Read It

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Source of investments

A start-up business requires high investment along with its objectives, vision, mission, and business plan for the growth of the business. Investment is highly required for funding assets, working capital, and other operations of the business. An investment fund can be raised from various sources. Investment sources assist businesses to achieve their financial goals and support businesses to sustain and grow. Investors are willing to invest in businesses if adequate returns are entitled from the investments. Portfolio methods and risk evaluating measurements are utilized by investors to identify the best investment option.