Johnny Rockefeller had a bad credit rating and went to a local cash center. He took out a $100.00 loan payable in two weeks for $106.00. What is the percent of interest paid on this loan? - QAmmunity.org

Johnny Rockefeller had a bad credit rating and went to a local cash center. He took out a $100.00 loan payable in two weeks for $106.00. What is the percent of interest paid on this loan?

asked Oct 19, 2021 186k views

1 Answer

Search QAmmunity.org