Mathematics, 11.10.2019 02:30 hidagiser

Determine the annual percentage rate (apr) for a tax refund anticipation loan based on the following information. (round to the nearest percent.)
amount of loan = $985
total fees paid = $135
term of loan = 10 days
a.
50%
b.
137%
c.
266%
d.
500%

Answers: 3

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Determine the annual percentage rate (apr) for a tax refund anticipation loan based on the following information. (round to the nearest percent.) amount of loan = $985 total fees paid = $135 term of loan = 10 days a. 50% b. 137% c. 266% d. 500%

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Another question on Mathematics

Determine the annual percentage rate (apr) for a tax refund anticipation loan based on the following information. (round to the nearest percent.)
amount of loan = $985
total fees paid = $135
term of loan = 10 days
a.
50%
b.
137%
c.
266%
d.
500%