tasshiiiii tasshiiiii
  • 02-03-2021
  • Mathematics
contestada

Rico complained to his brother that he had to rollover a payday loan seven times before finally saving enough money to pay it off. In the end it cost him $450. What finance charge was Rico paying the payday lender every two weeks if he originally wanted to borrow $250?

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annieflvs
annieflvs annieflvs
  • 02-03-2021

Answer:

He had to pay $28.57 seven times.

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