Question: Please solve without using excel, thankyou?! A payday loan is structured to obscure the true interest rate you are paying. For example, in Washington, you

Please solve without using excel, thankyou?! A payday loan is structured to obscure the true interest rate you are paying. For example, in Washington, you pay a \( \$ 26 \) "fee" for a two-week \( \$ 205 \) payday loan (when you repay the loan, 2 answers

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