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You borrow $100 and agree to pay back your payday loan in 2 weeks. The interest rate is 10 percent for the 2-week period. What
You borrow $100 and agree to pay back your payday loan in 2 weeks. The interest rate is 10 percent for the 2-week period. What is the SAIR?
1191.82%
520.00%
260.00%
1091.82%
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