Question: NOTES. Which statement expresses the correct relationship between the simple interest rate and the annual percentage rate ( APR ) ? a . the simple

NOTES. Which statement expresses the correct relationship between the simple interest rate and the annual percentage rate (APR)?
a. the simple interest rate will always equal the annual percentage rate
b. the simple interest rate will always be greater than or equal to the annual percentage rate
c. the annual percentage rate will always be greater than or equal to the simple interest rate
NOTES. Which statement expresses the correct

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