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Which is cheaper? a) a loan with a 15.14% APR with annual compounding? b) a loan that charges 14.20% APR with monthly compounding c) a

Which is cheaper?

a) a loan with a 15.14% APR with annual compounding?

b) a loan that charges 14.20% APR with monthly compounding

c) a loan with a 14.58% APR with semi-annual compounding?

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