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Match the following questions with the correct Periodic Rate. APR=12%, Compounding Period = Monthly A. Periodic Rate =1% APR=5%, Compounding Period = Annual B. Periodic
Match the following questions with the correct Periodic Rate. APR=12%, Compounding Period = Monthly A. Periodic Rate =1% APR=5%, Compounding Period = Annual B. Periodic Rate =5% APR =8%, Compounding Period = Quarterly C. Periodic Rate =2% APR =10%, Compounding Period = Semi-Annual D. Periodic Rate =5% APR=4%, Compounding Period = Monthly E. Periodic Rate =0.33%
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