Which of the Following Statements Is TRUE

question 100

Multiple Choice

Which of the following statements is TRUE?

• A)By DECREASING the number of payments per year,you REDUCE your total cash outflow but INCREASE your effective borrowing rate.
• B)By INCREASING the number of payments per year,you BOOST your total cash outflow but INCREASE your effective borrowing rate.
• C)By INCREASING the number of payments per year,you REDUCE your total cash outflow but INCREASE your effective borrowing rate.
• D)By INCREASING the number of payments per year,you REDUCE your total cash outflow but DECREASE your effective borrowing rate.

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