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cash advance inc offers persona laons to customers. These weekly loans are offered at a rate of 4 % per week. Assuming there are 5

cash advance inc offers persona laons to customers. These weekly loans are offered at a rate of 4% per week. Assuming there are 52 weeks per year, what is the APR that the store must report to its customers. What is the EAR for the personal loans from cash advance?

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