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a radio commercial for a loan company states you only pay 2 7 cents a day for each $ 5 0 0 borrowed if you

a radio commercial for a loan company states you only pay 27 cents a day for each $500 borrowed if you borrow $2,514 for 165 days what amount will you repay and what annual interest rate is the company actually charging? (assume a 360 day year)

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