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A radio commercial for a loan company states you only pay 32cent a day for each 500$ borrowed if you borrow 1941$ for 123 days
A radio commercial for a loan company states "you only pay 32cent a day for each 500$ borrowed" if you borrow 1941$ for 123 days What amount will you repay and what annual interest rate is the company actually charging ( assume a 360 day a year)
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