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    Exam 9: Time Value of Money
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    The Rate of Interest Actually Paid or Earned, Also Called
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The Rate of Interest Actually Paid or Earned, Also Called

Question 91

Question 91

Multiple Choice

The rate of interest actually paid or earned, also called the annual percentage rate (APR) , is the ________ interest rate.


A) effective.
B) stated.
C) discounted.
D) continuous.

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