APR and EAR should lending laws be changed to require lenders to report EARs instead of APRs?

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APR and EAR should lending laws be changed to require lenders to report EARs instead of APRs? Why or why not?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: Apr 28, 2011 02:29 AM

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APR and EAR should lending laws be changed to require lenders to report EARs instead of APRs?

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Yes they should APRs generally dont p...View the full answer

Fundamentals of Corporate Finance

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