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What is the PER, APR and the 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 the EAR for a $15,000, 9 month (short term), where the stated rate is 6%
1.Use the simple interest calculation PER APR EAR
2. Use the discount interest loan method PER APR EAR
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