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Bill wants to sell his personal computer to you for $1400. You dont have to pay any money today. Instead, Bill wants you to pay
Bill wants to sell his personal computer to you for $1400. You dont have to pay any money today. Instead, Bill wants you to pay him $36 bi-weekly 2 years, beginning two weeks after you buy the computer. After applying your knowledge from this course, you realize that Bill is effectively charging you an annual interest rate of?
Correct answer should be 34.94%.
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