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You are given the opportunity to borrow $650 today and must repay $738 in 6 weeks. What is the correct EAR on this loan? 200.54%
You are given the opportunity to borrow $650 today and must repay $738 in 6 weeks. What is the correct EAR on this loan? 200.54% 205.56% 210.57% 215.58% 220.60%
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