Question: the apr: a) adj for inflation b) is always compounded multiple times per yr. c) adj for items such as loan processing fees, mortgage insurance,
the apr:
a) adj for inflation
b) is always compounded multiple times per yr.
c) adj for items such as loan processing fees, mortgage insurance, and points
d) is the rate associated with perpetual annuities
e) none of rhe above
QUESTION 8 The APR Adjusts for inflation. Is always compounded multiple times per year Adjusts for items such as loan processing fees mortgage insurance, and points Is the rate associated with perpetual annuities. None of the above
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