Under what conditions would the simple interest rate, or APR (remember rSIMPLE APR), equal the effective annual

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Under what conditions would the simple interest rate, or APR (remember rSIMPLE APR), equal the effective annual rate, rEAR?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Question Posted: Nov 24, 2014 08:54 AM

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Under what conditions would the simple interest rate, or APR (remember rSIMPLE APR), equal the effective annual

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r EAR APR is compounding occurs onc...View the full answer

Principles of Finance

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