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a radio commercial for a loan company States: " you only pay $0.28 a day for each $500 borrowed." if you borrow $2,366 for 243 days, what amount will you repay, and what annual interest rate is the company
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a radio commercial for a loan company States: " you only pay $0.28 a day for each $500 borrowed." if you borrow $2,366 for 243 days, what amount will you repay, and what annual interest rate is the company actually charging? ( assume a 360 day year)

User NinethSense
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5 votes
the answer is$ 453.60
User Jeenu
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