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2 If Jayda paid $103 worth of interest on her $6,560 loan for 28 days from a Pay Day loan store, what is the annual
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If Jayda paid $103 worth of interest on her $6,560 loan for 28 days from a Pay Day loan store, what is the annual interest rate she is paying? (Use 7 days per week, 30 days per month and 360 days per year) (Round your answer to two decimal points) Step by Step Solution
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