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You are in need of money so you go to a cash advance checking service. You write a check to the company for $1000 and

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You are in need of money so you go to a cash advance checking service. You write a check to the company for $1000 and they give you $960 today. They wait to cash your check for two weeks. What is the annual percentage rate (APR) the cash advance service is charging you? O 2.06% O 103.24% O 3.07% 107.23%

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