If you paid 200 to a payday loan company for the use of


If you paid $200 to a payday loan company for the use of $2500 for 3 months, what simple annual interest is the company charging?

Solution Preview :

Prepared by a verified Expert
Mathematics: If you paid 200 to a payday loan company for the use of
Reference No:- TGS02169926

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)