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Mathematics, 29.01.2020 04:11 Elenegoggg

How is the interest rate on a payday loan calculated?

a.) loan amount divided by total fees
b.) total fees divided by loan amount
c.) total fees divided by days of loan
d.) apr divided by 365

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Answers: 1

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How is the interest rate on a payday loan calculated?

a.) loan amount divided by total f...
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