Question 1122742
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The 100% interest rate is an annual rate; it means the value of the loan doubles in a year.<br>
2 weeks is 1/26 of a year; so the value of the loan will grow by a factor of 2^(1/26).  So if x is the amount of the loan, then<br>
{{{x(2^(1/26)) = 700}}}
{{{x = 700/(2^(1/26))}}}<br>
Use a calculator....