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Sue is expecting a $1,000 paycheck in 14 days. A payday lender offers to give her cash now for this check. The lender's fee is
Sue is expecting a $1,000 paycheck in 14 days. A payday lender offers to give her cash now for this check. The lender's fee is 2.25% of the amount of the paycheck. Find the corresponding simple interest rate. O 164.41% O 60.01% O 22.50% O 58.66%
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