A payday loan company charges 4.25 percent interest for a two-week period. What is the annual interest
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A payday loan company charges 4.25 percent interest for a two-week period. What is the annual interest rate?
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Given that the company charges 425 interest for a twoweek period le...View the full answer
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Related Book For
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
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