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Question 19 4 pts Jernigan Corp. is considering borrowing $25,000 for a 90-day period. The firm will repay the $25,000 principal amount plus $750 in

Question 19 4 pts Jernigan Corp. is considering borrowing $25,000 for a 90-day period. The firm will repay the $25,000 principal amount plus $750 in interest. What is the effective annual rate of interest? Use a 360-day year

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