Rico complained to his brother that he had to rollover a payday loan seven times before finally saving enough money to pay it off. In the end it cost him $450. What finance charge was Rico paying the payday lender every two weeks if he originally wanted to borrow $250?

Write the contrapositive of the conditional statement. determine whether the contrapositive is true or false. if it is false, find a counterexample. a converse statement is formed by exchanging the hypothesis and conclusion of the conditional. a) a non-converse statement is not formed by exchanging the hypothesis and conclusion of the conditional. true b) a statement not formed by exchanging the hypothesis and conclusion of the conditional is a converse statement. false; an inverse statement is not formed by exchanging the hypothesis and conclusion of the conditional. c) a non-converse statement is formed by exchanging the hypothesis and conclusion of the conditional. false; an inverse statement is formed by negating both the hypothesis and conclusion of the conditional. d) a statement not formed by exchanging the hypothesis and conclusion of the conditional is not a converse statement. true