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Business, 01.01.2022 02:40 smagallanes

How is the interest rate on a payday loan calculated? a. Loan amount divided by total fees b. Total fees divided by loan amount c. Total fees divided by days of loan d. APR divided by 365 Please select the best answer from the choices provided A B C D.

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How is the interest rate on a payday loan calculated? a. Loan amount divided by total fees b. Total...
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