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Which type of interest rate gives the most accurate measure of the amount a borrower will really pay in interest, because it takes into account compounding that happens during the year?
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Which type of interest rate gives the most accurate measure of the amount a borrower will really pay in interest, because it takes into account compounding that happens during the year?

User Paul Riker
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APY. This accounts for the complications of






Which type of interest rate gives the most accurate measure of the amount a borrower-example-1
User GIGAMOLE
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