At the end of each week for the next 2 years to pay off the, Financial Management

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At the end of each week for the next 2 years to pay off the

Discussion

The Really Expensive Bank Inc is offering a special deal. You may borrow $1,000 today and make payments of $20 per week, at the end of each week for the next 2 years to pay off the loan. What is the rate of interest is charging you?

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Financial Management: At the end of each week for the next 2 years to pay off the

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