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harleyyquinnxx
harleyyquinnxx harleyyquinnxx
  • 18-01-2017
  • Mathematics
Answered

What is the total cost of an easy-access loan of $1700 borrowed for 30 days with a 29% monthly fee?

Verified Answer :

sciencific
sciencific sciencific
  • 18-01-2017

you should find the interest (29% equals to 29/100)
29% X1700=493
So you have to pay $493 on top of $1700
total : 1700+493=2193

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