Effective Annual Rate Considers the Effect of Compounding, Whereas Annual

question 46

True/False

Effective annual rate considers the effect of compounding, whereas annual percentage rate does not consider the effect of compounding.

---

Definitions:

Bisexual

Person attracted to both men and women.

Sexual Orientation

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.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attraction to men, women, both genders, neither gender, or another gender.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, or both sexes, seen as part of a continuum or a distinct category.