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Help Lenny Loanshark charges-120 points per week (that is, 1.20% per week) on his loans, what APR must he report to consumers? Assume exactly 52

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Help Lenny Loanshark charges-120 points" per week (that is, 1.20% per week) on his loans, what APR must he report to consumers? Assume exactly 52 weeks in a year. What is the effective annual rate? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Annual percentage rate 16 of 20 Ill Next >

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