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

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

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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