A radio commercial for a loan company​ states: "You only pay 36¢ a day for each​ $500 borrowed." If you borrow $2,821 for 187 ​days, what amount will you​ repay, and what annual interest rate is the company actually​ charging? (Assume a​360-day year.)   amount you repay in 2 decimal places  annual interest rate %

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Q: A radio commercial for a loan company states: "You only pay 33¢ a day for each $500 borrowed." If…

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