Mathematics
Mathematics, 06.09.2020 01:01, Nikida41

A competing loan company, Loans R Us, states: ”You only pay 18 cents a day for each $200 borrowed.” You still plan on borrowing $1500 for 120 days. If you go with Loans R Us, what amount will you repay and what annual interest rate is being charged? (Use 360 for the total number of days in a year.)

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A competing loan company, Loans R Us, states: ”You only pay 18 cents a day for each $200 borrowed.”...

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