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3 Points Question 16 Which of the following interest rates contain compounding? A) APR B APY None of the others Periodic Rate 3 Points Question

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3 Points Question 16 Which of the following interest rates contain compounding? A) APR B APY None of the others Periodic Rate 3 Points Question 17 Which interest rate will be lower if they are all calculated for the same mortgage? ) APY B) APR Periodic Rate (monthly Not enough information to know

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