The effective annual rate increases when the number of compounding periods in a year and the [blank] increases.
A)periodic rate
B)number of years invested
C)quoted rate
D)future value interest factor

Question

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The Answer of The effective annual rate increases when the number of compounding periods in a year and the [blank] increases.
A)periodic rate
B)number of years invested
C)quoted rate
D)future value interest factor

The Effective Annual Rate Increases When the Number of Compounding