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Today, you borrowed $5,000 at 2.5% compounded weekly and have agreed to pay off the loan by making equal semi-annual payments over the next 2

Today, you borrowed $5,000 at 2.5% compounded weekly and have agreed to pay off the loan by making equal semi-annual payments over the next 2 years. Assume you were asked to find the amount of your semi-annual payment using the annuity present value formula. What interest rate would you use in the formula?

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