What is the general relationship between the absolute values of APR and EAR for an investment?
What will be an ideal response?
Answer: The APR of a project will either equal its EAR or be smaller than EAR. The APR will equal EAR with annual compounding for all other compounding intervals the APR will be smaller than EAR.
Business
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Raising the minimum wage to a living wage has resulted in the permanent loss of certain jobs.
a. true b. false
Business
Internal reference prices are formed from advertising, past purchasing experience, and so on, and are often called ________ because the customer considers them the actual prices of the products in a category
A) competitive prices B) perceived prices C) price points D) ceiling prices
Business