Question: lake a Test Brandon Schrowang-Google Chrome Secure https//www.mathxl FN 201 Summer 2018 ayerTest.aspx testld- 1833980028icenterwin yes Brandon Schrowang&1 7/21/18 6:13 PM est: Multiple Chapter Test

lake a Test Brandon Schrowang-Google Chrome Secure https//www.mathxl FN 201 Summer 2018 ayerTest.aspx testld- 1833980028icenterwin yes Brandon Schrowang&1 7/21/18 6:13 PM est: Multiple Chapter Test Chapters 4-5 graded Tonse Remaning 04.0 Sueme Tor is Question: 4 pts 2 of 28 (14 complete) This Test: 100 pts possible (Calculating an APR and EAR) You're in need of some money fast, and rather than ask your folks for help, you've decided to look into a payday loan At shop right near your school you see that you can borrow $900 and repay $998 in 13 days. What are the APR and the EAR on this payday loan? a. What is the APR on this payday loan? 27515 % (Round to two decimal places) b. What is the EAR on this payday loan? (Round to two decimal places

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