Dericktopsom Dericktopsom

16-12-2018
Mathematics

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Kimberly took out a payday loan for $1500 due in 4 weeks that charged a $135 fee. What is the periodic interest rate of the loan

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hattawayhomeschool hattawayhomeschool

16-12-2018

Step-by-step explanation:

135 ÷ 1500 = 0.09 = 9%

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