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The more compounding periods per year, the lower the effective rate of return. T or F The...

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Advance Math

The more compounding periods per year, the lower the effectiverate of return. T or F

The stated interest rate is the real or true rate of return onan investment T or F

Compound interest yields considerably higher interest thansimple interest. T or F

Interest is the rental fee charged by a lender to a business orindividual for the use of money. T or F

Exact interest method uses 365 days as the time factordenominator in the simple interest formula T or F

The total payback of principal and interest is known as compoundamount of a loan. T or F

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1 Question The more compounding periods per year the lower the effective rate of return Correct option F Explanation As the number of compounding periods increases so does the annual effective rate 2 Question The stated interest rate is the real or true rate    See Answer
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