Solve the problem.CashNow is a payday loan company that offers quick, short-term loans using the borrower's future paychecks as collateral. CashNow charges $50 for each $250 loaned for a term of 28 days. Find the APR charged by CashNow. Round your answer to the nearest hundredth of a percent.
A. 226.07%
B. 126.07%
C. 260.71%
D. 2.60%
E. 26.07%
Answer: C
You might also like to view...
Find the extreme values of the function subject to the given constraint.
A. Maximum: 36 at 
minimum: 0 at 
B. Maximum: 36 at 
minimum: -36 at 
C. Maximum: 26 at 
minimum: -26 at 
D. Maximum: 26 at 
minimum: 0 at 
The class results on a mathematical quiz are shown in the table below. Find the average number of incorrect answers on the quiz. Total numberof incorrectanswers on the quizNumberof students06172131144
A. 2 B. 5.8 C. 10 D. 2
For the given question, determine whether an Euler circuit, a Hamilton circuit, or neither would solve the problem.The edges of a graph represent roads through an African wildlife park and vertices represent points where the roads intersect. A tour bus driver seeks a route that will travel each road exactly once, returning to the starting point when done.
A. Hamilton B. Euler C. Neither
Solve the problem.A sensor light installed on the edge of a home can detect motion for a distance of 
in front and with a range of motion of 
Over what area will the sensor detect motion and become illuminated? Round to the nearest hundredth.
A. 21,771.02 ft2 B. 21,770.92 ft2 C. 10,885.46 ft2 D. 10,885.36 ft2