document.write( "Question 1074329: a payday loan company charge a $50 fee for a $600 payday loan that will be repaid in 10 days treating the fee as an interest paid what is the equivalent annual interest rate?
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #689119 by Fombitz(32388)![]() ![]() You can put this solution on YOUR website! So 50 is to 10 as X is to 365. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Then, \n" ); document.write( " \n" ); document.write( "304.17% APR \n" ); document.write( " |