Question 20 (3 points) Which of the following is FALSE? US Treasury bills are considered pure discount loans. The cash flows of preferred stock are considered an annuity. The EAR allows for comparison between savings accounts that have different compounding frequencies. The APR is the annual rate that is required by law to be disclosed on loan documents Car loans are considered amortized loans because each payment includes interest and some principal, Previous Page Next Page Page 20 of 24 AL P MacBook Air * $ 4 % 5 & 7 3 6 B E R T T Y U o D F G . J K