/take (1.3) Tiffany is expecting her paycheck in 18 days in the amount of $1854. A local payday lender offers to give her cash now in exchange for her paycheck. The lender's fee is 1.15% of her check amount plus a $20 service fee. Note: The lender's fee can be viewed as interest earned by the lender. Find: (a) the equivalent simple interest rate and (b) the equivalent simple discount rate. /take (1.3) Tiffany is expecting her paycheck in 18 days in the amount of $1854. A local payday lender offers to give her cash now in exchange for her paycheck. The lender's fee is 1.15% of her check amount plus a $20 service fee. Note: The lender's fee can be viewed as interest earned by the lender. Find: (a) the equivalent simple interest rate and (b) the equivalent simple discount rate