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Which of the following is NOT a step in conducting a program evaluation?
Annual Rate
The interest rate charged per year on a loan, or earned on an investment, not accounting for the effect of compounding within that year.
Actual Rate
The real interest rate or return rate earned on an investment, as opposed to the nominal or advertised rate.
Interest
The cost of borrowing money or the return on investment capital, usually expressed as a yearly percentage.
Credit Card
A small plastic or metal card issued by a bank that allows the holder to purchase goods or services on credit.
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