Compute the per week interest rate implicitly specified in, Financial Management

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Compute the per week interest rate implicitly specified in

Suppose Dr Selten offers to lend Dr Roth $200 on the condition that Dr Roth pays him back $242 in 2 weeks. 1) Compute the per week interest rate implicitly specified in this offer if it is the case of simple interest. 2) Compute the per week interest rate implicitly specified in this offer if it is the case of compound interest.

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Financial Management: Compute the per week interest rate implicitly specified in

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