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  3. Study Set
    Financial Management Theory and Practice Study Set 1
  4. Exam
    Exam 17: Working Capital Management and Short-Term Financing
  5. Question
    The Cost of an Installment Loan Is Always Slightly Less
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The Cost of an Installment Loan Is Always Slightly Less

Question 106

Question 106

True/False

The cost of an installment loan is always slightly less than twice the stated annual rate.

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