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    Exam 2: Tools for Financial Planning - Applying Time Value Concepts
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    The Annual Percentage Rate (APR)is the Nominal Interest Rate Calculated
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The Annual Percentage Rate (APR)is the Nominal Interest Rate Calculated

Question 47

Question 47

True/False

The annual percentage rate (APR)is the nominal interest rate calculated by multiplying the periodic rate by the number of periods in a year.

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