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6. (Fill in the Blank) Two subscriptions are available for the Finance is Fun periodical: a 2-year subscription for $160 today and a 3-year subscription

6. (Fill in the Blank) Two subscriptions are available for the "Finance is Fun" periodical: a 2-year subscription for $160 today and a 3-year subscription for $245 today. Market interest rates average 12%. The equivalent annual cost of the 2-year subscription is __________ and of the 3-year subscription is ________

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