help with question please

label Business & Finance
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

 the effective APR may be different that the stated APR because

compounding occurs more often than once a year.

extra fees are added to most loans.

banks are allowed to hide the real cost of borrowing.

 the APR assumes semiannual compounding.

Aug 26th, 2014

 the APR assumes semiannual compounding.

Aug 26th, 2014

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Aug 26th, 2014
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Aug 26th, 2014
Jun 24th, 2017
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