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which statement is FALSE concerning the time value of money Which statement is FALSE concerning the time value of money? The greater the compound frequency,

which statement is FALSE concerning the time value of money
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Which statement is FALSE concerning the time value of money? The greater the compound frequency, the greater the EAR. The EAR is always greater than the APR. An account that pays simple interest will have a lower FV than an account that pays compound interest. The stated interest rate is also referred to as the APR. The EAR is always greater than the APR. The stated interest rate is also referred to as the APR. The greater the compound frequency, the greater the EAR. An account that pays simple interest will have a lower FV than an account that pays compo

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