How many values will the user submit each time this form is used? color: redbluegreen quantity: 1 2 3 4

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Ответ:

ilovecatsomuchlolol

02.06.2020

Mathematics

295.89%

Step-by-step explanation:

Let us assume the APR of the payday loan is r%.

Therefore, a $100 loan for the period of 1 year will charge $r.

So, $1095 loan for the period of 1 year will charge $ $\frac{1095 \times r }{100}$

So, $ 1095 loan for the period of 1 months will charge $ $\frac{1095 \times r }{100 \times 12}$

Hence, $ 1095 loan for the period of 15 days will charge $ $\frac{1095 \times r }{100 \times 12 \times 2}$

So, $\frac{1095 \times r }{100 \times 12 \times 2} =135$

⇒ 0.45625r = 135

⇒ r = 295.89

Therefore, the APR is 295.89%.

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