Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) For a given APR, more frequent compounding results in additional return on the investment.
B) An amortized loan is repaid in equal payments over a specified time period.
C) The effective annual rate is determined by multiplying the interest rate charged per period by the number of periods in a year.
D) APR can be greater than the effective annual rate