Mathematics, 20.02.2020 19:19, azariah7
18. A payday loan is made for six weeks, where the amount of interest owed per $100 borrowed is $20. If you borrow $500 for six weeks, answer the following questions.
a. How much do you owe at the end of six weeks?
b. What is the APR for this transaction?
Answers: 3
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18. A payday loan is made for six weeks, where the amount of interest owed per $100 borrowed is $20....
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