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e27 Cash Advance Inc. offers personal loans to customers. These weekly loans are offered at a rate of 4% per week. Assume there are 52
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Cash Advance Inc. offers personal loans to customers. These weekly loans are offered at a rate of 4% per week. Assume there are 52 weeks per year. What is the EAR for the personal loans? Multiple Choice 668,66% 208% Multiple Choice 668.66% 208% 0.08% There are insufficient details regarding the terms of the loans to determine the EAR Step by Step Solution
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