Under which circumstance is EAR equal to APR? Group of answer choices If interest is compounded annually If interest is compounded daily If interest is compounded quarterly If interest is compounded continuously
Added by Milagros W.
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EAR stands for Effective Annual Rate, which is the actual rate of return that will be earned in one year, taking into account the effects of compounding. APR stands for Annual Percentage Rate, which is the annual rate without considering compounding. Show more…
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