Which one of the following statements related to loan interest rates is correct?$$

A$.$

The more frequent the compounding period, the higher the effective annual rate given a fixed annual percentage rate.$$

B$.$

Lenders are most apt to quote the effective annual rate.$$

C$.$

The effective annual rate will be less than or equal to the annual percentage rate.$$

D$.$

The annual percentage rate considers the compounding of interest.

A$.$

Both annuities have equal value today.

B$.$

Veronica$$s annuity is an annuity due.

C$.$

Betty's annuity has a higher present value than Veronica$$s$.$

D$.$

Veronica's annuity has a higher present value than Wilma's.

E$.$

Betty's annuity is an ordinary annuity.