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Which of the following will not cause the effective annual rate of interest ( EAR ) to increase? Multiple Choice An increase in the annual

Which of the following will not cause the effective annual rate of interest

(

EAR

)

to increase?

Multiple Choice

An increase in the annual percentage rate

(

APR

)

An increase in the frequency of compounding

A decrease in the compounding interval

An increase in the number of years of the investment

All of the choices cause the EAR to increase

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