Question: Maggie needed $ 4 5 0 to fix her car. Today, she got a short - term loan from a payday company and agreed to

Maggie needed $450 to fix her car. Today, she got a short-term loan from a payday company and agreed to pay $500 two weeks from today. Determine: a) Interest amount that she will pay. b) Interest rate she will pay for the two-week loan. c) Nominal yearly rate. d) Effective yearly rate.
Maggie needed $450 to fix her car. Today, she got a

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