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A payday loan company charges 5.6 percent interest for a two-week period. What would be the annual interest rate from that company? (Assume an even
A payday loan company charges 5.6 percent interest for a two-week period. What would be the annual interest rate from that company? (Assume an even 52 weeks per year. Enter your answer as a percent rounded to 1 decimal place.) Annual interest rate % What would be the annual percentage yield for a savings account that earned $57 in interest on $750 over the past 365 days? (Enter your answer as a percent rounded to 1 decimal place.) Annual percentage yield
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