Mathematics, 19.08.2021 05:20 haleylayne74

CHALLENGE: A payday loan store charges $35 for a one-month loan of $400. What annual interest rate is this equivalent to?

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CHALLENGE: A payday loan store charges $35 for a one-month loan of $400. What annual interest rate is this equivalent to? The right answer gets the brainliest. Thanks!

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Another question on Mathematics

CHALLENGE: A payday loan store charges $35 for a one-month loan of $400. What annual interest rate is this equivalent to?

The right answer gets the brainliest. Thanks!