UESTION 14 QUESTIONS tychto M nd on page puros No results process f Quchon v on Status QUESTION 23 23) The annual percentage rate (APR) on a loan must be equal to the effective annual rate (EAR) when A) compounding occurs monthly B) compounding occurs annually C) compounding cours quarterly D) compounding occurs semiannually QUESTION 24 24) What is the present value of your trust fundou have projected that it will provide you with $50,000 7 years from today and it earns 10% compounded annually? A) $25,000.00 1) 525,550.00 C) $25,655.00 D) $25,000.00 QUESTION 25 25) other things being equal, the more frequent the compounding period, the A higher the annual percentage rate B) lower the annual porcentage rate C) higher the effective annual interest rate OO D) lower the effective annual interest rate UESTION 14 QUESTIONS tychto M nd on page puros No results process f Quchon v on Status QUESTION 23 23) The annual percentage rate (APR) on a loan must be equal to the effective annual rate (EAR) when A) compounding occurs monthly B) compounding occurs annually C) compounding cours quarterly D) compounding occurs semiannually QUESTION 24 24) What is the present value of your trust fundou have projected that it will provide you with $50,000 7 years from today and it earns 10% compounded annually? A) $25,000.00 1) 525,550.00 C) $25,655.00 D) $25,000.00 QUESTION 25 25) other things being equal, the more frequent the compounding period, the A higher the annual percentage rate B) lower the annual porcentage rate C) higher the effective annual interest rate OO D) lower the effective annual interest rate