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How do you calculate stock APR with leverage?

I've been diving into stocks recently and came across the term APR in connection with leverage, but I'm a bit lost on how to actually calculate it. I've seen different formulas thrown around, and I'm just wondering how you guys do it. Do you have a go-to method or maybe some tips for keeping it simple? Also, any advice on how leverage impacts your overall strategy would be super helpful. I know it can amplify gains but also comes with risks, so I'm curious about your personal experiences. Thanks!

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