Question: Can anyone explain what is the difference between EARs and APRs? please give me an example. I am little confused about the quoted rate. Can

Can anyone explain what is the difference between EARs and APRs? please give me an example.

I am little confused about the quoted rate. Can anyone explain it?

What is a pure discount loan please give me an example?

What does it mean to amortize a loan?

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