question archive A radio commercial for a loan company states: "You only pay 29cents a day for each $500 you borrowed
Subject:FinancePrice: Bought3
A radio commercial for a loan company states: "You only pay 29cents a day for each $500 you borrowed." If you borrow $1,500 for120 days, what amount will you repay, and what amount annualinterest rate is the company charging?