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ou are considering the purchase of new living room furniture that costs $1,400. The store will allow you to make weekly payments of $30.02 for
ou are considering the purchase of new living room furniture that costs $1,400. The store will allow you to make weekly payments of $30.02 for one year to pay off the loan. What is the EAR of this arrangment?
rev: 02_14_2019_QC_CS-158611
Multiple Choice
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24.30%
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20.71%
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25.51%
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23.05%
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21.80%
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