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You have a loan where you are being charged an effective annual rate of interest of 31.5%. You make weekly payments on the loan. What

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You have a loan where you are being charged an effective annual rate of interest of 31.5%. You make weekly payments on the loan. What is the effective weekly rate of interest that you are being charged? Your answer should be shown as a percentage and it should be accurate to four (4) decimal places. You can assume there are 52 weeks in a year. You have a loan where you are being charged an effective annual rate of interest of 31.5%. You make weekly payments on the loan. What is the effective weekly rate of interest that you are being charged? Your answer should be shown as a percentage and it should be accurate to four (4) decimal places. You can assume there are 52 weeks in a year

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