Question
#7. AmeriCash Advance allows you to write a check for $120 dated 18 days in the future, for which they give you $100 today (in
#7. AmeriCash Advance allows you to write a check for $120 dated 18 days in the future, for which they give you $100 today (in most states). So, what are the APR and EAR of this arrangement? (use formulas and excel functions where possible) Show Work
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Project Finance In Theory And Practice
Authors: Stefano Gatti
3rd Edition
0128114010, 978-0128114018
