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You are short on money so you go to a cash-advance checking service. You write a check to the company for $1,000 and they give

You are short on money so you go to a cash-advance checking service. You write a check to the company for $1,000 and they give you $960 today. They wait to cash your check for 2 weeks. What is the APR the cash-advance service is charging you? (Why the answer is 107.22%)

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