Jimmie has the option of borrowing $840 for 1 week at an apr of 550% or borrowing the $840 for 1 week with a fee of $90. which is the "better" deal?

b. borrow $840 for 1 week at an APR 550%, since jimmie will owe less interest this way than with the fee of $90. APEX

Borrowing the $840 for 1 week at an APR of 550%, since Jimmie will owe less interest this way than with the fee of $90

-APEX

answer: d. $20

step-by-step explanation:

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