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Which of the following is not a problem associated with energy inefficiency?
Effective Rate
The Effective Rate is another term for the Effective Annual Rate, highlighting the true return on an investment or the true interest rate on a loan, after compounding.
Unpaid Balance
The portion of a loan or debt that has not yet been repaid to the lender.
Department Store
A large retail establishment that sells a wide variety of goods in various departments within the same building.
Effective Rate
The actual interest rate an investor receives after taking into consideration compounding.
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