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anonymous

  • one year ago

Shelly took out a payday loan for $750 due in 4 weeks that charged a $90 fee. What is the periodic interest rate of the loan?

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  1. anonymous
    • one year ago
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    A. 48% B. 12% C.156% D.624%

  2. shaadykhamlichi
    • one year ago
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    B

  3. anonymous
    • one year ago
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    .-.

  4. anonymous
    • one year ago
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    if i may ask is there some type of formula?

  5. shaadykhamlichi
    • one year ago
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    you need to multiply 91 and100 and devide by 750

  6. shaadykhamlichi
    • one year ago
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    i mean 90 not 91

  7. anonymous
    • one year ago
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    alright thank you!

  8. shaadykhamlichi
    • one year ago
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    you got it???

  9. anonymous
    • one year ago
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    yeap thank you!

  10. shaadykhamlichi
    • one year ago
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    di nada

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