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APRs must be converted to the appropriate periodic rates when compounding is​ ________.A.more frequent than once a yearB.less frequent than once every six monthsC.less frequent than once a yearD.more frequent than once a month

Respuesta :

Answer:

A. more frequent than once a year

Explanation:

appropriate periodic rate must be converted to the appropriate periodic rates when compounding is​ more frequent than once a year that is a greater number of compounding periods allows interest to be earned on or added to interest a greater number of times.

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