A radio commercial for a loan company states : "you only pay $.33 a day for each $500 borrowed." if you borrow $1295 for 183 days what amount will you repay, and what annual interest rate is the company actually charging? (assume a 360-day year)

Amount you repay: $_________ (Round to two decminal places)

Annual intrest rate = _______% (Round to tei decimal places)

A radio commercial for a loan company as You only pay (Assume a 360-day year) a day for each $500 borrowed you borrow $1,295 for 100 days, what amount will you repay, and what w e rest rate is the company actually charging? a. Amount you repay (Round to two decimal places) b. Annual interest rate (Round to four decimal places)