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Mathematics, 06.10.2019 07:00 alexabdercmur

Leigh took out a payday loan for $400 due in 2 weeks that charged a $50 fee. what is the periodic interest rate of the loan?
steps ?
a. 25%
b. 12.5
c. 325%
d.650%

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Answers: 1

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Leigh took out a payday loan for $400 due in 2 weeks that charged a $50 fee. what is the periodic in...
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