In Canada,the Reason an APR Cannot Be Used as a Discount

In Canada,the reason an APR cannot be used as a discount rate in a mortgage calculation is

A) because it has a different compounding frequency in a year than the payment frequency in a year.
B) because it has the same compounding frequency in a year as the payment frequency in a year.
C) because it has twice the compounding frequency in a year that the payment frequency in a year has.
D) none of the above

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