Question: If You-Will-Never-Pay_it-Off Loan Company lends you $60 on Monday, and you have to pay $70 after a week, what nominal rate of interest are they

If You-Will-Never-Pay_it-Off Loan Company lends you $60 on Monday, and you have to pay $70 after a week, what nominal rate of interest are they charging? Group of answer choices 667% 1240% 867% 1040%

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