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You just leased a computer for your online classes. The computer's selling price is $1,400. You agree to pay the retailer $131.47 at the beginning
You just leased a computer for your online classes. The computer's selling price is $1,400. You agree to pay the retailer $131.47 at the beginning of each quarter for 3 years. Don't round your calculations. What is the annual percentage rate (APR) for the loan? (nearest percent without percent symbol (%), e.g. 5)
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