Question

Jimmie has the option of borrowing $840 for 1 week at an APR of 550% or

Answer 1

Answer: b. borrow $840 for 1 week at an APR 550%, since jimmie will owe less interest this way than with the fee of $90. APEX

Answer 2

Answer: Borrowing the $840 for 1 week at an APR of 550%, since Jimmie will owe less interest this way than with the fee of $90

-APEX