Solve the problem. -You have a tax refund of $496.61. You are able to get the tax refund immediately from your tax Preparation agency for a finance charge of $49.88. What annual

Solve the problem.
-You have a tax refund of $496.61. You are able to get the tax refund immediately from your tax
Preparation agency for a finance charge of $49.88. What annual simple interest rate are you paying
For this loan assuming the tax refund check would be available in 13 days? Round to the nearest
Hundredth.
A) 27.81%
B) 309.20%
C) 30.92%
D) 278.14%

Leave a Reply

Your email address will not be published.