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Payday loans are very short-term loans that charge very high interest rates. You can borrow $320 today and repay $400 in two weeks. What is

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Payday loans are very short-term loans that charge very high interest rates. You can borrow $320 today and repay $400 in two weeks. What is the compounded annual rate implied by this 25 percent rate charged for only two weeks? (Hint: Compound the 2-week return 26 times for the annual return.) (Do not round intermediate calculations and round your final answer to the nearest whole percent.) Compounded annual rate Suppose that f(x) is a function with f(100) = 25 and/' (100) = 3. Estimate f(102). f (102) =

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