**A payday loan company charges 4.1 percent interest for a 4-week period. What would be the annual interest rate** Answers:1 | LastAnswerAt:2011.05

**Q**uestion - Anvar Eshov
- Asked at 2011.05.11 23:44:21

A payday loan company charges 4.1 percent interest for a 4-week period. What would be the annual interest rate from that company?

answer Tika Jatiman Answered at 2011.05.11 23:44:21

49.2 percent per annum/year

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