Mathematics, 27.01.2021 05:40 niceguy1997
A payday loan company charges a $25 fee for a $500 payday loan that will be repaid in 15 days. Treating the fee as interest paid, what is the equivalent annual interest rate% interest round to the nearest percent . This will be over 100%
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A payday loan company charges a $25 fee for a $500 payday loan that will be repaid in 15 days. Treat...
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