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what is the PER, APR, and EAR for a $15,000, 9 month (short term), where the stated rate is 6%? 1 use the simple interest
what is the PER, APR, and EAR for a $15,000, 9 month (short term), where the stated rate is 6%?
1 use the simple interest calculation
2 use the discount interest loan method
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
