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Should lending laws be changed to require lenders to report EARs instead of APRs? Why or why not? Discribe the difference s to valuing the

Should lending laws be changed to require lenders to report EARs instead of APRs? Why or why not?

Discribe the difference s to valuing the FV and PV of lump sums, ordinary annuities ,annuities due and unequal cash flows. What happens to the PV and FV of each type of cash flow when interest rates rise or the time periods decrease?

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