A person cannot manage without leading

The euro is the primary transaction currency for the foreign exchange market

Indicate whether the statement is true or false

Fred ran short on cash and borrowed $300 through a Payday Loan company. The company charged him a fee of $60 to borrow the $300 for 14 days. Using the simple interest method calculate what interest rate was Fred charged for the aforementioned loan

A) 5.21% B) 52.13% C) 521.29% D) None of the above