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Which of the following are true of Effective Annual Rates (EAR)? Select all that are true The EAR can never be less than APR The

Which of the following are true of Effective Annual Rates (EAR)? Select all that are true

The EAR can never be less than APR

The EAR can never be the same as APR

The EAR will always be the same or more than APR

EAR and APR have no relationship

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