Question: please answer all For a bank deposit paying 12% compounded annually, which one of the following statements is correct? O a. The real APR is

please answer all For a bank deposit paying 12% compounded annually,
which one of the following statements is correct? O a. The real
APR is lower than 12% O b. EAR
please answer all

For a bank deposit paying 12% compounded annually, which one of the following statements is correct? O a. The real APR is lower than 12% O b. EAR

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