Question 35Mary, a recent Western Washington University graduate, applies for and receives afive-year loan through Kent Lending, LLC for $10,000 at 29% APR. If the loanagreement violates the applicable usury statute, Mary may be able to keep:O Any of the answer choices are possible, depending on where the loan was made.the interest that exceeds the usury limit.O the interest and the $5,000.O all of the interest on the loan.Next

The answer has been mentioned below.

Answered: y, a recent Western Washington -year…

FINANCIAL ACCOUNTING

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Author:Libby

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Chapter1: Financial Statements And Business Decisions

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y, a recent Western Washington -year loan through Kent Lending, eement violates the applicable usu Any of the answer choices are possible the interest that exceeds the usury lim