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Simple annual interest is the company charging

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If you paid $200 to a payday loan company for the use of $2500 for 3 months, what simple annual interest is the company charging?

Reference no: EM131373262

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Simple annual interest is the company charging : If you paid $200 to a payday loan company for the use of $2500 for 3 months, what simple annual interest is the company charging?
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