Question: i need help please In many consumer purchase situations an APR is quoted in order to let the customer know the interest rate that they

i need help please

In many consumer purchase situations an APR is quoted in order to let the customer know the interest rate that they will pay. The APR however can be significantly different from the EAR. If you were purchasing an expensive furniture set on store credit, would you prefer to know the APR or the EAR? Why

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