Question: this same exact question is posted already but it is incorrect. please help What was the APR on a payday loan of $1,000 taken out
What was the APR on a payday loan of $1,000 taken out for 30 days if your repayment on the foan cost you $1,050? (Assume 365 ays a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) (8) Answer is complete but not entirely correct
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