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The Terrible Co. needs to borrow $25000. The lender requires The Terrible Co. to repay the loan by making daily payments of $30.76. the interest

The Terrible Co. needs to borrow $25000. The lender requires The Terrible Co. to repay the loan by making daily payments of $30.76. the interest rate is 21% compounded daily. What is the time period of this loan? 365 days in a year.

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