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Your uncle lends you $2,900 less $174 (interest at 6 percent), and you receive $2,726. Use the APR formula to find the true annual percentage

Your uncle lends you $2,900 less $174 (interest at 6 percent), and you receive $2,726. Use the APR formula to find the true annual percentage rate. Assume you repay the entire loan in one year. (Enter your answer as a percent rounded to 3 decimal places.)

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