The effective annual rate $($EAR$)$ accounts for compounding. The annual percentage rate $($APR$)$ does not account for compounding. As the number of compounding periods increase, the difference between the EAR and APR:a$.$ Does notchangeb. Are unrelatedc. Increasesd. Decreases$18.$ Many financial planning advisors advocate for a $"$$$100$ a month" pledge to contribute to your retirement. Assume that you begin this pledge the day you turn $22.$ For the next forty$-$three years, you contribute $$100$ a month into your retirement account. Assume that your investment returns $9\%$ per year. How much money is in your account when you retire at $65?$a$.$ $$590,875\mathrm{.}93$b$.$ $$613,158\mathrm{.}09$c$.$ $$616,734\mathrm{.}08$d$.$ $$588,634\mathrm{.}391,000.$ He it take for$19.$ Alex Lersh is opening "Lersh's Lobster Shack", a restaurant chain that offers gourmet Maine lobster throughout the country. Mr$.$ Lersh is concerned about the riskiness of starting a business as the sole owner in the restaurant industry, and so he wants limited liability if the business fails. He anticipates being actively involved in operating the business. Additionally, he does not want to offer shares of equity in his company to the public. Which of the following business types would suit Mr$.$ Lersh's needs?a$.$ C Corporationb. Limited Liability Companyc. Limited Partnershipd. General Partnership