Question
For a stated positive interest rate and multiple (more than one) compounding periods per year, the EAR is always Blank______ the APR.
For a stated positive interest rate and multiple (more than one) compounding periods per year, the EAR is always Blank______ the APR.
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Engineering economy
Authors: Leland Blank, Anthony Tarquin
7th Edition
9781259027406, 0073376302, 1259027406, 978-0073376301
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