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You want to buy a computer. The list price is $2,000 but you will get a 30% discount if you pay now. Otherwise, you will
You want to buy a computer. The list price is $2,000 but you will get a 30% discount if you pay now. Otherwise, you will be required to pay $170 at the end of each QUARTER for 20 QUARTERS. What is the APR and EAR?
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