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Mathematics, 29.07.2019 10:30 help1572
You are due a $750 paycheck at the end of the week (friday), but want to get your hands on the cash on monday. a payday lender offers to make this deal with you for a fee of 2% of the paycheck. what is the rate you are paying for this service? assume a 365-day year.
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You are due a $750 paycheck at the end of the week (friday), but want to get your hands on the cash...
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