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Do you think that lending laws should require lenders to report Effective Annual Rates (EAR) or Annual Percentage Rates (APR)? Why? What are the impacts
Do you think that lending laws should require lenders to report Effective Annual Rates (EAR) or Annual Percentage Rates (APR)? Why? What are the impacts of EARs versus APRs to the borrowers?
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Lending laws should require disclosure of EAR as it is more relevant for the borrower as E...
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Management Process
Authors: Lee Long
4th Edition
978-0201822939,0201822938
