Answer: B. Lenders prefer less frequent compounding.
Explanation:
That's false because the APR or any company wants people to pay loan and interest. That's how any credit method works. The APR means " Annual Percentage Rate" it is used to make a comparison between the standard of interest that you are likely to pay on loans or credit card balances.
Health and care services, bill passer and secret service
Supporters of the New Jersey Plan believed that some of the ideas in the Articles of Confederation needed to be amended. For example, they believed that every state should be considered equal, regardless of its size and population. They also believed that Congress had the right to tax.
