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Lisa would like to buy some furniture for the new home. Good Home Furniture offered her the maximum payment credit for the furniture she can
Lisa would like to buy some furniture for the new home. Good Home Furniture offered her the maximum payment credit for the furniture she can buy of $50 a week for one year. The annual interest rate of that commercial loan is 8.5%, assuming compounding weekly. How much furniture can Lisa afford to purchase using the credit offered by the store?
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