Business
Business, 05.05.2021 01:00, cocomojoe5141

Will give brainliest and please make the answer simple Mary is comparing offers for payday loans from two different companies. She needs to borrow $600. While she knows both payday lenders loan money for two weeks at a time, she doesn’t feel that she will have the money to pay it off in just two weeks. She will pick up extra hours at work to save the money and hopes to pay it off in eight weeks. What would the total cost be at each lender? How much more expensive is the most expensive offer? Show your work.

Fast Cash advertises a finance charge of $90 for a $600 loan. Cash Now advertises a finance charge of $18 for every $100 borrowed.

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