If you took out a payday loan, you could expect to pay an annual interest rate of

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If you took out a payday loan, you could expect to pay an annual interest rate of _____.

a) less than 5 percent

b) between 5 and 10 percent

c) between 10 and 30 percent

d) between 30 and 100 percent

e) over 100 percent.

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Related Book For  answer-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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