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Crazy Cliff's Car Coral has agreed to sell you a slightly used Mustang for $10,000. You agreed to make a $2000 down payment and weekly

Crazy Cliff's Car Coral has agreed to sell you a slightly used Mustang for $10,000. You agreed to make a $2000 down payment and weekly payments of $150 for two years beginning next week. What is the effective annual rate (EAR) of this loan?

The correct answer is 112.42%. Please explain how to get to correct answer.

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