Question: *Please post excel formula* A1 XV fx Accessibility tab summary: Students please use the information below to con C D E F G B 3

*Please post excel formula*
*Please post excel formula* A1 XV fx Accessibility tab summary: Students

A1 XV fx Accessibility tab summary: Students please use the information below to con C D E F G B 3 Friendly's Quick Loans, Inc., offers you "three for four or I knock on your door." This means you get $3 today and repay $4 when you get your paycheck in one week (or else). What's the effective annual return Friendly's earns on this lending business? If 2. you were brave enough to ask, what APR would Friendly's say you were pays? Office Online Frame 4 Input area: 5 Present value $3 7 Future value $4 8 Weeks per year 52 No 10 (Use cells A6 to B8 from the given information to complete this question.) 11 12 Output area: 13 14 Interest rate per week 15 APR 16 EAR 17 18 un

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