using this spreadsheet calculate the total cost of lily taking this payday loan. As you know short-term loans are rarely short-term. many borrowers renew or refinance their loan because they do not have the funds to pay it off on the due date. for this example, assume lily renews her loan amount five times.


(Please help !!! )

using this spreadsheet calculate the total cost of lily taking this payday loan As you know shortterm loans are rarely shortterm many borrowers renew or refinan class=