Everything else remaining same, under what situation will APR and EAR be equal?
What will be an ideal response?
Answer: An APR will equal EAR only with annual compounding assuming everything else remains same.
Business
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Payment of the broker's commission:
a. does not establish agency b. establishes an agency relationship c. determines loyalty d. implies vicarious liability
Business
Which of the three transformative forces mentioned in the chapter is associated with the number of mobile phones
in India recently exceeding 500 million and Boston Consulting Group believing brand marketers must enhance their "digital balance sheets"? A) demographics B) accountability C) social responsibility D) globalization E) technology
Business