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Jason is expecting a $1,273 paycheck in 4 days. A payday lender offers to give him cash now for this check. The lenders fee is

Jason is expecting a $1,273 paycheck in 4 days. A payday lender offers to give him cash now for this check. The lenders fee is 2% of the amount of the paycheck, plus a $10 service fee. What is the simple discount rate?

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