Your bank will pay you an interest rate of 152 percent compounded weekly. You want to have $27,500 in 10 years. How much will you have to deposit today? Assume 52 weeks per year. Multiple Choice $12,649.67 $12,851.60 $25,411.61 $12,760.63 $12,483.23 You are considering the purchase of new living room furniture that costs $1,200. The store will allow you to make weekly payments of $26.18 for one year to pay off the loan. What is the EAR of this arrangment? Multiple Choice 25.34% 2705% 30.20% 24.07% 28.76%