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Which will have the lowest value

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Reference no: EM132920509

Problem 1: If interest compounds more than once a year, which of the following will have the lowest value?

Select one:

a. The Effective Annual Rate (EAR)
b. The Annual Percentage Rate (APR)
c. It depends on the interest rate and the number of compounding periods per year
d. The interest rate per compounding period (r)

Reference no: EM132920509

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