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Mathematics, 22.07.2019 12:50 jj11vb

Sidney took out a payday loan for $1200 that charged an $85 fee. if the loan matures in 2 weeks, what is the approximate effective interest rate of the loan?

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Sidney took out a payday loan for $1200 that charged an $85 fee. if the loan matures in 2 weeks, wha...
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