3:Leo's rent is due a few days before he expects to receive his paycheck from work. He takes out a
payday loan for $200 to cover some of his rent and will pay it back when he gets his paycheck. The
lender charges $15 for every $100 borrowed, which needs to be paid back in 2 weeks.,
What is the percent rate for this 14-day loan?

Respuesta :

Answer:

I think I think it will be 2:35 or 2:50