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You take out a 45-day loan for $2600. At the end of the loan, you owe $70.52 in interest. What is the annual percentage rate? Round your answer to the nearest tenth of a percent…
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You take out a 45-day loan for $2600. At the end of the loan, you owe $70.52 in interest. What is the annual percentage rate? Round your answer to the nearest tenth of a percent…
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Mar 9, 2024
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You take out a 45-day loan for $2600. At the end of the loan, you owe $70.52 in interest. What is the annual percentage rate? Round your answer to the nearest tenth of a percent.
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the annual percentage rate for the loan is 571.2%, rounded to the nearest tenth of a percent.
Neil Laslett
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Mar 13, 2024
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