Answered

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Which of the following statements is​ TRUE? A. By INCREASING the number of payments per​ year, you BOOST your total cash outflow but INCREASE your effective borrowing rate. B. By INCREASING the number of payments per​ year, you REDUCE your total cash outflow but DECREASE your effective borrowing rate. C. By INCREASING the number of payments per​ year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate. D. By DECREASING the number of payments per​ year, you REDUCE your total cash outflow but INCREASE your effective borrowing rate.

Sagot :

B I’ve seen the question before
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