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(Nonannual compounding using a calculator) Bowflex's television ads say you can get a fitness machine that sells for $950 for $23 a month for 48

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(Nonannual compounding using a calculator) Bowflex's television ads say you can get a fitness machine that sells for $950 for $23 a month for 48 months. What rate of interest are you paying on this Bowflex loan? The annual rate of interest you are paying on the loan is \%. (Round to two decimal places.)

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