Mathematics, 04.02.2020 00:12 johnsonkia873

Shaquil needs to borrow $400. the loan company charges him $80 in fees for the loan. shaquil calculates that the annual percentage rate (apr) on his loan is 250%. approximately what is the term of shaquil’s loan?
a.
7 days
b.
29 days
c.
46 days
d.
73 days

Answers: 1

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Shaquil needs to borrow $400. the loan company charges him $80 in fees for the loan. shaquil calcula...

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More questions: Mathematics Another questions

Shaquil needs to borrow $400. the loan company charges him $80 in fees for the loan. shaquil calculates that the annual percentage rate (apr) on his loan is 250%. approximately what is the term of shaquil’s loan? a. 7 days b. 29 days c. 46 days d. 73 days

Answers

Another question on Mathematics

Shaquil needs to borrow $400. the loan company charges him $80 in fees for the loan. shaquil calculates that the annual percentage rate (apr) on his loan is 250%. approximately what is the term of shaquil’s loan?
a.
7 days
b.
29 days
c.
46 days
d.
73 days