Leigh took out a payday loan for $400 due in 2 weeks that charged a $50 fee. What is the periodic interest rate of the loan?
Steps please?
A. 25%
B. 12.5
C. 325%
D.650%

Respuesta :

Answer: I got 12.5 for apex

Step-by-step explanation:

I just took the test

Answer:

12.5

Step-by-step explanation:

Apex