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Can someone please explain in simple terms 1. the impact of compounding frequency and 2. the difference...

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Finance

Cansomeone please explain in simple terms 1. the impact of compoundingfrequency and 2. the difference between annual percentage rate andthe effective annual rate.

PLEASE ANSWER BOTH 1 AND 2 FOR ME

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Cansomeone please explain in simple terms 1. the impact of compoundingfrequency and 2. the difference between annual percentage rate andthe effective annual rate.PLEASE ANSWER BOTH 1 AND 2 FOR ME

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