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You get a payday loan. The lender charges $9.00 per week for each $100.00 you borrow. Assuming you borrow $300.00 for 2 weeks, what real
You get a payday loan. The lender charges $9.00 per week for each $100.00 you borrow. Assuming you borrow $300.00 for 2 weeks, what real APR will you be paying to the nearest whole percent?
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