Which of the Following Is a True Statement

question 405

Multiple Choice

Which of the following is a true statement?

• A) When comparing investments it is best not to rely solely on quoted rates.
• B) Compounding will typically not lead to differences between quoted and effective rates.
• C) The APR on a loan requiring monthly payments is the annual interest rate you actually pay.
• D) An APR is the interest rate per period divided by the number of periods per year.
• E) With monthly compounding, the APR will be larger than the effective annual rate.

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A psychological conflict that arises when a person must choose between two desirable outcomes or actions.

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Person attracted to both men and women.

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An enduring pattern of emotional, romantic, and/or sexual attractions to men, women, or both sexes. Sexual orientation also refers to a person's sense of identity based on those attractions, related behaviors, and membership in a community of others who share those attractions.