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A payday loan company charges 5.4 percent interest for a four-week period. What would be the annual interest rate from that company (Assume an even

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A payday loan company charges 5.4 percent interest for a four-week period. What would be the annual interest rate from that company (Assume an even 52 weeks per year. Enter your answer as a percent rounded to 1 decimal place.) Answer is complete but not entirely correct. Annual interest rate 72.83 %

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