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Business, 01.01.2022 04:00 mrylenastewart

Shaquil needs to borrow $400. The loan company charges him $80 in fees for the loan. Shaquil calculates that the annual percentage rate (APR) on his loan is 250%. Approximately what is the term of Shaquil’s loan? a. 7 days b. 29 days c. 46 days d. 73 days Please select the best answer from the choices provided A B C D.

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Shaquil needs to borrow $400. The loan company charges him $80 in fees for the loan. Shaquil calcula...
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