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A person goes to a payday lender and borrows $150 for three weeks using her upcoming paycheck as collateral. She will have to pay back

A person goes to a payday lender and borrows $150 for three weeks using her upcoming paycheck as collateral. She will have to pay back $180 in three weeks.

What is the EAR?

Enter your answer as a decimal: 6.5% is 0.0650 324.44% is 3.2444

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