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Suppose you were planning to borrow money for a new house. What would you look for? 1. The bank with the highest EAR. 2. The
Suppose you were planning to borrow money for a new house. What would you look for?
1. | The bank with the highest EAR. | |
2. | The bank with lowest APR. | |
3. | The bank with the highest APR. | |
4. | The bank with the lowest EAR. | |
5. | The bank with the lowest nominal rate. |
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