A consol (whether British, Canadian or of the countries) is actually a(n) Multiple Choice ordinary annuity amortized cash flow annuity due discounted loan perpetuity rate is the actual interest rate on a loan that is compounded monthly (or in other compounding periods that are shorter than a year) but expressed as an annual The rate. Multiple Choice stated discounted annual effective annual periodic monthly consolidated monthly Given a stated future value in Year 5 and an annual percentage rate of 10 percent, compounding will yield the lowest effective annual rate Multiple Choice annual semi-annual monthly daily continuous so you multiply the monthly interest rate by 12. Your mother's credit card charges her .9 percent interest per month. You want to help her estimate the Multiple Choice effective annual annual percentage periodic interest compound interest periodic interest