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Elisa took out payday loan for $500 due in 2 weeks that charged an $80 fee. What is the periodic interest rate of the loan?
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Elisa took out payday loan for $500 due in 2 weeks that charged an $80 fee. What is the periodic interest rate of the loan?

User Davehayden
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6 votes
what are the options
User Okken
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2 votes
c. 16% answer for Apex
User Tony Stark
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