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Ratling [72]
3 years ago
10

Effective annual rate considers the effect of compounding, whereas annual percentage rate does not consider the effect of compou

nding.
Business
1 answer:
grigory [225]3 years ago
7 0
The answer is compounding annually.  Compound interest is intrigue computed on the underlying central and furthermore on the amassed enthusiasm of past times of a store or credit. Compound interest is an extraordinary thing when you are winning it. Compound interest is the point at which a bank pays enthusiasm on both the central and the premium a record has officially earned.
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Answer:

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Explanation:

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we know that

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therefore

option c is correct

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A buyer and a seller are disputing a contract for sale and purchase. They agree to submit the matter to a third party who will m
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Describe the population growth curve of houseflies
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3 years ago
A family wishes to save for future college expenses. Which financial tool should the family invest in?
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529 Plan

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8 0
3 years ago
High income countries with larger governments as a share of gdp have generally
Scorpion4ik [409]

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