Question: Exercise Suppose you borrow $1,000 using a payday loan that has finance charges of 17.5% of the loan for a 10-day period. What is the

Exercise Suppose you borrow $1,000 using a payday loan that has

Exercise Suppose you borrow $1,000 using a payday loan that has finance charges of 17.5% of the loan for a 10-day period. What is the APR on this loan

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