Loans is offering a special on one-year loans

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E-Z Loans is offering a special on one-year loans. The company will loan you $1,500 today with no waiting and no credit check, in exchange for one payment of $2,000 one year from now. What is the APR on this loan? A. 30.63 percent B. 21.20 percent C. 25.63 percent D. 17.93 percent E. 33.33 percent

Reference no: EM131498112

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