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Which of the following will most likely increase effective annual rate (EAR) of a loan? Moving to another question will save this response Question 2
Which of the following will most likely increase effective annual rate (EAR) of a loan?
Moving to another question will save this response Question 2 Which of the following will most likely increase the effective annual rate (EAR) of a loan? Oa.Changing from weekly compounding to daily compounding @ b.Decreasing the frequency of the interest compoundng Oc.Applying only simple interest d.Decreasing the annual percentage rateStep by Step Solution
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