Like all lenders ricky must report an apr toconsumers what


EAR Versus APR Ricky Ripov's Pawn Shop charges aninterest rate of 20 percent per month on loans to itscustomers. Like all lenders, Ricky must report an APR toconsumers. What rate should the shop report? What is the effective annual rate?

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Chemistry: Like all lenders ricky must report an apr toconsumers what
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