A payday loan company charges 6 percent interest for a two-week period. What would be the annual

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A payday loan company charges 6 percent interest for a two-week period. What would be the annual interest rate from that company?

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Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

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Question Posted: Jun 02, 2022 08:39 AM

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A payday loan company charges 6 percent interest for a two-week period. What would be the annual

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