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What is the difference between (1) APR and (ii) EAR? a. (i)based on simple interest; (ii) takes compound interest into account b. (i)based on compound
What is the difference between (1) APR and (ii) EAR? a. (i)based on simple interest; (ii) takes compound interest into account b. (i)based on compound interest; (ii) based on simple interest c. (i)help you calculate the true interest; (ii) reflects the nominal rate of interest d. None of the above
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International Business Competing In The Global Marketplace
Authors: Charles Hill
14th Edition
1260387542, 9781260387544
