8
QuizMultiple Choice

Unit Test — Cumulative exam

Question 8 • AZ-College Prep Math B

A company offering tax refund anticipation loans is trying to draw new customers. The company guarantees that the annual percentage rate on its loans is 39%. What fees would the company charge on a $1,200 loan if the term of the loan is 18 days? (Round to the nearest dollar).a.$18b.$23c.$28d.$30

Answer
A
A
B
B
C
C
D
D
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