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3 years ago

15

Candis took out a payday loan with an effective interest rate of 15,400%. if she had 220 to invest for a year at this interest r

ate, how much would make in interest?
A. 3,388,000
B 338,800
C.. 3388
D 33,880

2 answers:

aivan3 [116]3 years ago

8 0

The formula is
I=prt
I interest?
P 220
R 15400/100=154
T time 1 year
I=220×154×1
I=33,880

It's d

marusya05 [52]3 years ago

6 0

Answer:

$33,880

Step-by-step explanation:

Apex

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