Mathematics, 28.04.2021 21:10, kealalac1

Frankie’s car broke down. The repair costs are $400. Because he does not have any money saved, he will have to get a “payday loan” for the car repair. He researched 7- day payday loans and found that he will owe $9.50 for every $100 he borrows, plus the money he borrows. How much will Frankie have to pay back, if he takes the 7- day payday loan?

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Frankie’s car broke down. The repair costs are $400. Because he does not have any money saved, he wi...