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Match each of the following with the interest rate that they describe - A. B. also called the annual percentage rate or contracted interest rate

Match each of the following with the interest rate that they describe

- A. B.

also called the annual percentage rate or contracted interest rate
- A. B.

Is the Quoted,or stated, rate that lenders tell you they are charging on loans
- A. B.

Also called the Equivalent Annual Rate
- A. B.

This rate considers more frequent compounding and produces the a new rate under annual compounding

A.

EAR
B.

APR

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