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A sound system costs $1,380. The store agrees to give you a one year loan with weekly payments of $29.74. Find the EAR that you

A sound system costs $1,380. The store agrees to give you a one year loan with weekly payments of $29.74. Find the EAR that you have to pay on the loan.

A. 21.68%

B. 22.82%

C. 24.20%

D. 26.85%

E. 25.58%

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