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The lender charges you $9 per week for each $100 you borrow. Assuming you borrow $300 for 2 weeks, what APR will you be paying?

The lender charges you $9 per week for each $100 you borrow. Assuming you borrow $300 for 2 weeks, what APR will you be paying?
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5 votes
The lender charges you $9 per week for each $100 you borrow.

Assuming you borrow $300 for 2 weeks, what APR will you be paying?

User Pritesh Tupe
by
8.5k points

1 Answer

1 vote

Answer:

i believe 2,107.5711%

Step-by-step explanation:

User Korey Hinton
by
8.5k points
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