For ary potitive rate of intereit, the anwual percentage rate wist always enceed the effective anntual rate. Duestion 11 (2 points ) Which one of the following statements related to loan interest rates is correct? The annual percentage rate considers the compounding of interest: When comparing loans you should compare the effective annual rates: Lenders are most apt to quote the effective annual rate. Regardiess of the compounding period, the effective annual rate will always be higher than the annual percentage rate. The more frequent the compounding period, the lower the effective annual rat given a fixed annual percentage rate