For Positive Interest Rates,the EAR Is Greater Than the APR

question 64

True/False

For positive interest rates,the EAR is greater than the APR when there are multiple compounding periods within the year.

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Computer Program

A set of instructions that directs a computer to perform specific tasks or operations.

Online Activity

Actions or tasks performed on the internet, including browsing, gaming, shopping, or participating in social media.

Family Accounts

User accounts designed to be managed collectively by members of a family, often featuring parental controls and shared access or subscriptions.

Secretly Collects

The act of gathering data or information without the knowledge or consent of the individual or entity it's being collected from.