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A non - bank transfer ( such as MoneyGram ) costs $ 1 5 . If you transfer $ 1 5 0 to someone who

A non

-

bank transfer

(

such as MoneyGram

)

costs $

15 .

If you transfer $

150

to someone

who needs that money in a different city every two weeks, what is the EAR for the transfer?

What if you do it once a day? in excel

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