Business Finance: Finding the EAR of a loan in a word problem.?

Answers:0   |   LastUpdateAt:2012-10-15 09:00:48  

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Arushi
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Loan Shark Company offers short-term loans . You will now pay $ 4 and expect $ 5 in a week ! What is the EAR for this loan ? MedlinePlus MedlinePlus a) MedlinePlus 10,947,544.25 % b ) 67600.00 %
c )
875,287.42 % d) 1300000.00 %
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