You are quoted two loan rates 1 a 9 apr with weekly


You are quoted two loan rates: 1) a 9% APR with weekly compounding and 2) a 9.2% APR with yearly compounding. Which one is truly the better offer? Do the necessary calculations to support your answer.

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Finance Basics: You are quoted two loan rates 1 a 9 apr with weekly
Reference No:- TGS0596973

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