Business, 25.02.2020 04:35, xxsyd21

A student borrows $500 for one year, and is charged $50 in interest. He/she also pays a fee of $10 for the loan. What is the total cost of financing and the APR?

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A student borrows $500 for one year, and is charged $50 in interest. He/she also pays a fee of $10 f...