Should Eric's company get into the payday loan business?

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Applied Business Ethics A Skills-Based Approach

ISBN: 978-0538453981

1st edition

Authors: Dean Bredeson

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Question Posted: Nov 11, 2015 03:26 AM

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Easy Money loans money at 32% APR and compounds interest weekly. What is the actual rate the payday loan business is charging on its loans? (EAR)
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Should Eric's company get into the payday loan business?

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A Yes but wont they be using people as a means to an ...View the full answer

Applied Business Ethics A Skills-Based Approach

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