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You have applied for a $25,000 car loan from the TF Bank. The bank is charging an interest rate of 2% per year compounded monthly.

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You have applied for a $25,000 car loan from the TF Bank. The bank is charging an interest rate of 2% per year compounded monthly. You plan to repay the loan over 5 years by making weekly payments. What is the EPR per week? Express you answer as a percentage rounded to 4 decimal places. Do not include the % sign. (e.g. 1.87)

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