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The effective annual rate (EAR) is the same as the annual percentage rate (APR) if: O If the compounding period is greater than on year

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The effective annual rate (EAR) is the same as the annual percentage rate (APR) if: O If the compounding period is greater than on year If the compounding period is one year The effective annual rate (EAR) is never equal to the annual percentage rate (APR) The compounding period is less than one year

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