What actual interest rate will you pay for the loan, Taxation

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What actual interest rate will you pay for the loan

Problem

You are due a tax refund of $670. Your tax preparer offers you a no-interest loan to be paid by your refund check, which will arrive in five weeks. she charges a fee of $60 for this service. What actual interest rate will you pay for this loan?

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Taxation: What actual interest rate will you pay for the loan

Reference No:- TGS03329025

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Taxation: What actual interest rate will you pay for the loan

Reference No:- TGS03329025

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