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Which loan is likely to have the highest Annual Percentage Rate (APR) ? All of the loans are $500 and include a finance charge of $20.

a. Term of 5 days

b. Term of 10 days

c. Term of 20 days

d. Term of 30 days

e. Term of 90 days

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Answers (1)
  1. 14 June, 04:36
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    Term of 20 days is the answer
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