Question: Question 9 2 pts Why is APR considered less accurate than EAR in reflecting the actual cost of borrowing? Because APR is always legally capped.

Question 9
2 pts
Why is APR considered less accurate than EAR in reflecting the actual cost of borrowing?
Because APR is always legally capped.
Because APR includes extra fees and charges.
Because APR calculation is more complex.
Because APR does not account for compounding.
Question 9 2 pts Why is APR considered less

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