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Which one of these formulas correctly defines an effective annual rate ( EAR ) for any compounding period? Multiple choice question. EAR = ( 1
Which one of these formulas correctly defines an effective annual rate EAR for any compounding period?
Multiple choice question.
EAR Rate per periodNumber of periods per year
EAR Rate per period times Number of periods per year
EAR APRNumber of periods per year
EAR Rate per periodNumber of periods per year
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