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Which of the following is the best deal to a consumer loan borrower? Multiple Choice Plan Y asks for 5.9 percent per year compounded semiannually

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Which of the following is the best deal to a consumer loan borrower? Multiple Choice Plan Y asks for 5.9 percent per year compounded semiannually Both Plan X and Plan Y are equally attractive to the borrower. Both Plan X and Plan Z are equally attractive to the borrower. Plan Z asks for 6.0 percent per year compounded annually Which of the following is the best deal to a consumer loan borrower? Multiple Choice Plan Y asks for 5.9 percent per year compounded semiannually Both Plan X and Plan Y are equally attractive to the borrower. Both Plan X and Plan Z are equally attractive to the borrower. Plan Z asks for 6.0 percent per year compounded annually

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