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Which of the following best describes the annual percentage rate? O A. the discount rate, when compounded more than once a year or less than

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Which of the following best describes the annual percentage rate? O A. the discount rate, when compounded more than once a year or less than once year OB. the discount rate, when effective annual rate is divided by the number of times it is compounded in a year O c. the quoted interest rate which, considered with the compounding period, gives the effective interest rate OD. the effective annual rate, after compounding is taken into account Click to select your

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