menu
Qammunity
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
A payday loan store charges $45 for a one-month loan of $540. What annual interest rate is this equivalent to?
asked
Mar 4, 2022
48.6k
views
0
votes
A payday loan store charges $45 for a one-month loan of $540. What annual interest rate is this equivalent to?
Mathematics
college
Bigonazzi
asked
by
Bigonazzi
8.4k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
7
votes
12 multiply by $45. Or divide $45 into $540 = 12
Konstantin Likhter
answered
Mar 9, 2022
by
Konstantin Likhter
8.9k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Mar 23, 2022
206k
views
A payday loan store charges $45 for a one-month loan of $540. What annual interest rate is this equivalent to?
TraneHead
asked
Mar 23, 2022
by
TraneHead
8.7k
points
Mathematics
college
1
answer
3
votes
206k
views
asked
Mar 13, 2021
184k
views
Harpreet took out a payday loan of $500.00. He had to repay $540.00 within 7 days. A) What was the daily interest on the loan B) What was the annual interest?
Alex Lungu
asked
Mar 13, 2021
by
Alex Lungu
7.8k
points
Mathematics
high-school
1
answer
4
votes
184k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement how thick must the cement be to cover field
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity