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Cash now is a payday loan company that offers fast short term loans using the borrowers future paychecks as collateral. Cash now charges $50 for

Cash now is a payday loan company that offers fast short term loans using the borrowers future paychecks as collateral. Cash now charges $50 for each $250 loan for a term of 28 days find a APR charged by cash now round your answer to the nearest hundredth of a percent

 

26.07

126.07

260.07

2.60

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