Question: please solve and show steps In all problems involving days, a 360-day year is assumed. When annual rates are requested as an answer, express the

please solve and show steps please solve and show steps In all problems involving days, a

In all problems involving days, a 360-day year is assumed. When annual rates are requested as an answer, express the rate as a percentage, correct to three decimal places. Round dollar amounts to the nearest cent. 59. A radio commercial for a loan company states: "You only pay 29/ a day for each $500 borrowed." If you borrow $1,500 for 120 days, what amount will you repay, and what annual interest rate is the company charging

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