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marusya05 [52]
4 years ago
9

Kimberly took out a payday loan for $1500 due in 4 weeks that charged a $135 fee. What is the periodic interest rate of the loan

Mathematics
2 answers:
Nadusha1986 [10]4 years ago
8 0
135:1500=0.09=9%
That is the right answer
attashe74 [19]4 years ago
4 0

Step-by-step explanation:

135 ÷ 1500 = 0.09 = 9%

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