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Effective annual intrest rate is: select one or more options: a. is a contractual annual rate of interest changed by a lender or promised by

Effective annual intrest rate is:

select one or more options:

a. is a contractual annual rate of interest changed by a lender or promised by a borrower.

b. is the annual rate of interest actually paid or earned.

c. reflects the impact of compounding frequency.

d. is stated in a mortgage contract.

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