Uriel used a 245 00 payday loan to pay a bill The finance charge on...

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Uriel used a 245 00 payday loan to pay a bill The finance charge on the loan was 21 00 with a 16 00 transaction fee If the term was 14 days what was the APR of Uriel s loan Round the final answer to nearest hundredth 4 points O 340 56 405 56 393 73 425 46

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