Cash now is a payday loan company that offers fast short term loans using the borrowers future paychecks as collateral. Cash now charges $50 for each $250 loan for a term of 28 days find a APR charged by cash now round your answer to the nearest hundredth of a percent

 

26.07

126.07

260.07

2.60

Answer rating: 100% (QA)

As er guestion For cach 250 loan for a ter of is 4 50 28 ... View the full answer