SOLUTION: John borrows $100. He pays back $6 per week for 25 weeks and $5 in week 26.
What is the interest rate and the APR of this loan?
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What is the interest rate and the APR of this loan?
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Question 244906: John borrows $100. He pays back $6 per week for 25 weeks and $5 in week 26.
What is the interest rate and the APR of this loan? Answer by Mr. Feliz(12) (Show Source):
You can put this solution on YOUR website! I can help you with this math question using paint attachment.
Send this question to: nycfunction@yahoo.com for a reply.
I may not get to your question right away but eventually you'll get my complete reply.
Mr. Feliz