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PUI CAR versus APR (L04) Big Dom's Pawn Shop charges an interest rate of 17 percent per month on loans to its customers. Like all

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PUI CAR versus APR (L04) Big Dom's Pawn Shop charges an interest rate of 17 percent per month on loans to its customers. Like all lenders, Big Dom must report an APR to consumers. 2.5 points a. What rate should the shop report? eBook Ask References b. What is the effective annual rate

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