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If I borrow$P=$300 in the form of a pay-day loan, am required to pay it back in 14 days, and will pay $17 interest for
If I borrow$P=$300 in the form of a pay-day loan, am required to pay it back in 14 days, and will pay $17 interest for each $60 I borrow, what is the APR?
(Give an answer to 4 decimal places)
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