Mathematics, 22.01.2021 02:00 austinwst3

A radio commercial for a loan company states: "You only pay 30cents a day for each $500 borrowed." If you borrow $1,933 for 143 days, what amount will you repay, and what annual interest rate is the company actually charging? (Assume a 360-day year.)

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A radio commercial for a loan company states: "You only pay 30cents a day for each $500 borrowed." I...

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