Janet took a $3000 loan from an online lending platform The platform charges a processing fee of $400 and only pays Janet $2600 right now Janet needs to pay back the $3000 debt in 3 monthly installments (equal amount) What is the implied interest rate (in terms of APR) for this loan 78 B 90 E 214 ...

Correct answer is option B90 S In This In Armiity order to calculate Interest rate Questi ...

Janet took a $3000 loan from an online lending platform. The platform charges a processing fee...

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

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