Why is EAR a more accurate measure of the rate actually paid than APR?

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M Finance

ISBN: 9781266827877

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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Question Posted: May 29, 2024 09:00 AM

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Why is EAR a more accurate measure of the rate actually paidthan APR? 1 answer
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Why is EAR a more accurate measure of the rate actually paid than APR?

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M Finance

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