Question: Finance_Mid_Term Question 20 The interest rate expressed as if it were compounded once per year is called the: Select one: a. Periodic interest rate. b.

 Finance_Mid_Term Question 20 The interest rate expressed as if it were

Finance_Mid_Term Question 20 The interest rate expressed as if it were compounded once per year is called the: Select one: a. Periodic interest rate. b. Daily interest rate. C. Effective annual rate. d. Stated interest rate. e. Compound interest rate. CLEAR MY CHOICE NEXT

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