Business, 18.10.2019 21:30 bikkiecuanas13

Which of the following statements is/are true? (select all appropriate answers)
the ear can never exceed the apr.
the apr can never exceed the ear.
the apr and ear can never be equal.
for a given apr, as the compounding frequency increases, the resulting ear decreases.
a. statement i is true.
b. statement ii is true.
c. statement iii is true.
d. statement iv is true.

Answers: 3

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Which of the following statements is/are true? (select all appropriate answers)
the ear can...

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