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+ Instructions Points: 13 Which one of the following statements is correct? The annual percentage rate does not change as the number of compounding periods

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+ Instructions Points: 13 Which one of the following statements is correct? The annual percentage rate does not change as the number of compounding periods per year increases B Banks prefer to pay interest to accounts with more frequent compounding The stated rate is the same as the effective annual rate. D The annual percentage rate is the rate calculated as if interest is compounded annually E Keep up the great work! Nex Previous

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