Question: - Moving to another question will save this response. Quest Question 22 Which one of the following is true?(rounding to the nearest hundredths) 4 point

- Moving to another question will save this response. Quest Question 22 Which one of the following is true?(rounding to the nearest hundredths) 4 point You invest $100 today. If you earn 2% per quarter, the annual percentage rate is 6%. The effective annual rate of 6% compounded continuously is 6.4%. If the APR is 12% with daily compounding, effective annual rate is 12.75% If the monthly rate is 0.2%, the annual percentage rate is 1.2% If the annual percentage rate is 12% with quarterly compounding, then the period rate is 4% per quarter. Moving to another question will save this response

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