Holly has the option of borrowing $540 for one week at an APR of 700% or borrowing the $540 for one week with a fee of $75. Which is the "better" deal?A.Borrowing the $540 for one week at an APR of 700%, since Holly will owe less interest this way than with the fee of $75 B.Borrowing the $540 for one week at an APR of 700%, since Holly will owe more interest this way than with the fee of $75 C.Borrowing the $540 for one week with a fee of $75, since Holly will owe more interest this way than with the 700% APR D.Borrowing the $540 for one week with a fee of $75, since Holly will owe less interest this way than with the 700% APR

Question
Answer:
Borrowing the $540 for one week at an APR of 700%, since Holly will owe less interest this way than with the fee of $75
solved
general 10 months ago 6379