Suppose you were planning to borrow money for a new house, Financial Management

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Suppose you were planning to borrow money for a new house

Suppose you were planning to borrow money for a new house. What of these you look for?

1. The bank with the highest EAR.

2. The bank with lowest APR.

3. The bank with the highest APR.

4. The bank with the lowest EAR.

5. The bank with the lowest nominal rate.

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Financial Management: Suppose you were planning to borrow money for a new house

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Financial Management: Suppose you were planning to borrow money for a new house

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