A payday loan company charges a $95 fee for a $400 payday loan that will be repaid in 12 days. Treating the fee as interest paid, what is the equivalent annual interest rate?

answer: the answer is 127 degrees

-12 > a

step-by-step explanation:

-11 > 1 + a

subtract 1 from each side

-11-1 > 1-1+a

-12 > a

yes

step-by-step explanation:

so of course you want to start by plugging the 5 in which goes to 7(5)+3(5)=50 because 7*5=35 and 3*5=15 and then add them together, then plug in the 5 to the other equation as well 9(5)+5=50 because 9*5= 45 and then add 5 and so yes they are equivalent.