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The EAR and APR on a loan would be equal when: a- they are never equal b- compounding occurs annually
The EAR and APR on a loan would be equal when:
a- they are never equal
b- compounding occurs annually
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
