Easy Money loans money at 32% APR and compounds interest weekly. What is the actual rate the

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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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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Dec 22, 2017 07:32 AM

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Easy Money loans money at 32% APR and compounds interest weekly. What is the actual rate the

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The given 32 is the Annual percentage rate APR which does ...View the full answer

Business Mathematics In Canada

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