aprilnmartin aprilnmartin
  • 18-01-2020
  • Mathematics
contestada

When calculating the effective rate of a loan, which statement or statements must be true if n is greater than 1?

Respuesta :

sonia567 sonia567
  • 24-01-2020

Answer:

The length of the loan is greater than a single year.

Step-by-step explanation:

When calculating the effective rate of a loan , the statement or statements must be true if n is greater than 1 is the length of the loan is greater than a single year.

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