Question

Which will have a higher effective interest rate, a payday loan for $2100 due in 13 days with a fee of $110 or a payday loan for $2100 due in 11 days with a fee of $110? A.A payday loan for $2100 due in 13 days with a fee of $110, because it has the longer period B.A payday loan for $2100 due in 11 days with a fee of $110, because it has the longer period C.A payday loan for $2100 due in 11 days with a fee of $110, because it has the shorter period D.A payday loan for $2100 due in 13 days with a fee of $110, because it has the shorter period