how to add up interest rates with the price u borrowed from a pawn shop with an interest rate of 240%?

Question

i need to kno how much it will be to add up original price with the adding interest rate of 240%

Answer 1

100 x 2.4 equals 240. 100 plus 240 equals 340.
say your item was pawned for 100.

Answer 2

wow 240% 0_0... Anyway here you go:

240 / 100 = 2.4

2.4 * By the principal (The ammount u borrowed)

Example:
If u borrowed $100. Then the interest u have to pay:
2.4 * 100 = 240
And the total amount would be:
240 + 100 = 340

OR:

100 * 3.4 (2.4 + 1) = $ 340

Answer 3

By contacting the consumer affairs department or department of corporations for your state. 240% may be illegal.