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Friendlys Quick Loans, Inc offers you $7.25 today but you must repay $9.35 when you get your paycheck in one week. A.) what is the
Friendlys Quick Loans, Inc offers you $7.25 today but you must repay $9.35 when you get your paycheck in one week.
A.) what is the effictive annual return Friendly's earns on this lending business?
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Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
