help with question please

Business & Finance
Tutor: None Selected Time limit: 1 Day

 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
Dec 3rd, 2016
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