Question: 5 Multiple Choice 4 points The interest rate that is most commonly quoted by a lender is referred to as the: compound rate. simple rate.

5
Multiple Choice
4 points
The interest rate that is most commonly quoted by a lender is referred to as the:
compound rate.
simple rate.
common rate.
1 annual percentage rate.
2 effective annual rate.
5 Multiple Choice 4 points The interest rate that

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