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Effective interest rate per year is the annual interest rate taking into account the effect of any compounding during the year. True False Break -

Effective interest rate per year is the annual interest rate taking into account the effect of any compounding during the year.
True
False
Break-even point is not affected with the changes in which one of the following?
Sale price per unit
Variable cost per unit
Number of units sold
Total fixed costs
None of the above answers
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