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You're in need of some money fast, and rather than ask your folks for help, you've decided to look into a payday loan. At a

You're in need of some money fast, and rather than ask your folks for help, you've decided to look into a payday loan. At a payday loan shop right near your school you see that you can borrow $200 and repay $227 in 17 days. What are the APR and the EAR on this payday loan?

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