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Question 17 (12 points) Check Into Cash Store offers personal loans to customers. The store makes one- week loans to customers at 8% interest rate

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Question 17 (12 points) Check Into Cash Store offers personal loans to customers. The store makes one- week loans to customers at 8% interest rate per week. Assume 52 weeks per year. Round your answers to the nearest whole number. Do not write units. #1. What APR must the store report to its customers (in percentage)? #2. What EAR are customers actually paying (in percentage)? #3. What is the amount of money you should payback if you've borrowed $500 for 12 weeks? Blank # 1 Blank # 2 Blank # 3 A

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