Question: When converting an APR to a discount rate you need to; ANSWER Unselected divide the APR by the annual compounding frequency. Unselected simply use the

When converting an APR to a discount rate you need to; ANSWER Unselected divide the APR by the annual compounding frequency. Unselected simply use the APR and make no corrections. Unselected multiply the APR by the annual compounding frequency

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