A payday loan company charges 5 percent interest for a two-week period. What would be the annual

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A payday loan company charges 5 percent interest for a two-week period. What would be the annual interest rate from that company?

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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