Mathematics, 28.10.2020 22:10 actived

A payday loan company charges a $70 fee for a $450 payday loan that will be repaid in 18 days. Treating the fee as interest paid, what is the equivalent annual interest rate?

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A payday loan company charges a $70 fee for a $450 payday loan that will be repaid in 18 days. Trea...

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