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The APR is the interest rate actually paid (or earned) after accounting for compounding. (CSLO 3) True False William deposited $25,000 today that would earn

The APR is the interest rate actually paid (or earned) after accounting for compounding. (CSLO 3)

True

False

William deposited $25,000 today that would earn an interest at the rate of 3% for a period of 2 years. The amount of $25,000 represents the future value. (CSLO 3)

True

False

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