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  3. Study Set
    Foundations of Financial Management Study Set 1
  4. Exam
    Exam 8: Sources of Short-Term Financing
  5. Question
    The Annual Effective Rate of Interest on a Loan Is
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The Annual Effective Rate of Interest on a Loan Is

Question 5

Question 5

True/False

The annual effective rate of interest on a loan is a measure that includes the compounding effects on the loan.

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