Compounding the Annual Percentage Rate (APR) Four Times a Year

question 13

Multiple Choice

Compounding the annual percentage rate (APR) four times a year is equivalent to:

• A) the annual percentage rate (APR) quoted by a financial institution.
• B) the annual percentage rate (APR) compounded semi-annually.
• C) the effective annual rate (EAR) annually.
• D) the effective annual rate (EAR) semi-annually
• E) the effective annual rate (EAR) quarterly.

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Definitions:

German

Pertains to anything related to Germany, its people, culture, or language.

Plasticity

The capacity of the brain to change and adapt in response to experience, learning, or injury.

Resilience

The ability of an individual to recover from adversity, trauma, tragedy, threats, or significant stress and to adapt well over time.

Plasticity

The brain's capacity to change and adapt in response to experiences, learning, and injury.