Mathematics

25 June, 15:28

Myrtle needs to borrow $200 and is hoping to get a payday loan with an annual percentage rate (apr) of less than 50%. if a company charges her $30 in fees for the loan, what is the minimum loan term needed that would give myrtle her desired apr?

a. 90 days

b. 100 days

c. 110 days

d. 120 days

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Myrtle needs to borrow $200 and is hoping to get a payday loan with an annual percentage rate (apr) of less than 50%. if a company charges ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

How to change a number in scientific notation to standard notation

A highway curve forms a section of a circle. a car goes around the curve. its dashboard compass shows that the car is initially heading due east. after it travels 700. m, it is heading 35.0° south of east. find the radius of curvature of its path.

Suppose you have a chance of winning with a scratch-off lottery ticket. If you buy 4 tickets, what is the probability of winning with all 4?

Four less than two times a number x is at least 14. Write this sentence as an inequality.

Calculate the mass of a 5.50 cm3 cylinder of a substance that has a density of 4.20 g/cm3.

New Questions in Mathematics

How do I find the perimeter of a triangular prism?

A garden shop sells 15 " by 15 " square stepping stones for the same price as 20 " round stones. If all stepping stones are the same thickness, which option gives the most rock for the money? The area of a square stepping stone is (?) in.

What is 2 1/2 / 1/3?

42+36 = use rounding or compatible numbers to estimate the sum

Elana spent 2.50 on pineapple juice pineapple juice costs. 10 per ounce. how many ounces of pineapple juice did Elana buy?