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2006-06-17 06:53:21 · 11 answers · asked by aktherzaman2000 1 in Business & Finance Credit

11 answers

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Annual Percentage Rate (APR) is an expression of the effective interest rate that will be paid on a loan, taking into account one-time fees and standardizing the way this rate is expressed. The APR is likely to differ from the "note rate" or "headline rate" advertised by the lender. The aim of using APR is to calculate a total cost of borrowing which allows easy comparison between loans and lenders.

2006-06-17 06:57:32 · answer #1 · answered by n K 4 · 4 0

Annual precentage rate. It is the amount of interest based on the amount financed on a yearly basis. Take that number and divide it by 365 and come up with the daily rate. You wouldn't beleive just how much you are paying for womething until you check it out. Try not to get an APR over 14% if possible on a credit card for someone just starting out or with some problem history.

2006-06-17 17:48:45 · answer #2 · answered by iwuzslickb4grace 2 · 0 0

Low APR is a low (annual percentage rate) on your loan.

2006-06-17 18:48:16 · answer #3 · answered by Anonymous · 0 0

Apache Portable Runtime. The mission of the Apache Portable Runtime (APR) project is to create and maintain software libraries that provide a predictable and consistent interface to underlying platform-specific implementations.

2006-06-17 14:04:40 · answer #4 · answered by Halle 4 · 0 0

above prime rate
usually something billed i.e. 3% apr would be the current prime rate plus 3%

2006-06-17 13:58:58 · answer #5 · answered by netwiz24 3 · 0 0

Annual Percentage Rate applied to a loan, interest on a fixed investment, etc.

2006-06-17 13:58:07 · answer #6 · answered by tigertiggerii 3 · 0 0

annual percentage rate

2006-06-17 14:41:48 · answer #7 · answered by Walter G 3 · 0 0

annual percentage rate

2006-06-17 13:56:58 · answer #8 · answered by tomatoes 2 · 0 0

anual percentage rate

2006-06-17 13:55:50 · answer #9 · answered by gentle giant 5 · 0 0

i do believe it is anual percentage rate i hope its the right answer for you x

2006-06-17 13:55:50 · answer #10 · answered by Anonymous · 0 0

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