theaubs2003
Answered

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Myrtle needs to borrow $200 and is hoping to get a paid day loan with an annual percentage rate (ARP) of less than 50%. if a company charges her $30 in fee 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 ​

Sagot :

Answer:

110 days :)

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