Solve the problem.BCD Loans is a payday loan company that offers quick, short-term loans using the borrower's future paychecks as collateral. BCD Loans charges $20 for each $100 loaned for a term of 14 days. Find the APR charged by BCD Loans. Round your answer to the nearest hundredth of a percent.
A. 5.21%
B. 52.14%
C. 152.14%
D. 521.43%
E. 214.33%
Answer: D
You might also like to view...
The following question refers to a school district with three high schools. The total number of students in the district is 3000. The teachers within the district are apportioned to the high schools based on the schools' respective enrollments. The standard quota for each school is given in the following table.
Find each school's apportionment of teachers under Hamilton's method.
A. North: 17; Central; 52; South: 31 B. North: 19; Central; 51; South: 30 C. North: 18; Central; 51; South: 31 D. North: 18; Central; 52; South: 30 E. none of these
Match the given equation with one of the graphs.4x2 + 25y2 = 100
A.
B.
C.
D.
Perform the indicated operation.Subtract 0.0945 from 29
A. 29.0055 B. 29.0945 C. 28.4055 D. 28.9055
Graph the inequality on a number line.x ? 3
A.
B.
C.
D.