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A radio commercial for a loan company states: You only pay 27e a day for each $500 borrowed. If you borrow $1,311 for 239 days,

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A radio commercial for a loan company states: "You only pay 27e a day for each $500 borrowed." If you borrow $1,311 for 239 days, what amount will you repay, and what annual interest rate is the company actually charging? (Assume a 360-day year) Amount you repay sound to two decimal places) . Annual interest rate (Round to four decimal places

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