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Which of the following is true for a loan compounding more than once per year? APR and the periodic rate are always less than and

Which of the following is true for a loan compounding more than once per year?

APR and the periodic rate are always less than and the EAR

The periodic rate is always greater than the APR

APR is always greater than the periodic rate and the EAR

The periodic rate is always greater than the EAR and APR

APY is always greater than the periodic rate and the EAR

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