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Assume you visit a Check Into Cash to see what their rates are on short-term loans. If they quote that you can receive a $100

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Assume you visit a Check Into Cash to see what their rates are on short-term loans. If they quote that you can receive a $100 loan if you pay back $353 at the end of the quarter, what is your effective annual rate if you take loans out for the full year? Multiple Choice 154.27% 610.25% 15,42740% 253.00 153.802 80%

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