2006-07-12 12:18:59 · 7 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
annual percentage rate = interest rate each period x number of period in a year...........
2006-07-12 12:23:10 · answer #1 · answered by ♥Cutie Emily♥ 5 · 3⤊ 1⤋
Annual Percentage Rate
2006-07-12 19:21:06 · answer #2 · answered by Rjmail 5 · 0⤊ 0⤋
Hi Da Vinci,
APR = Annual Percentage Rate.
The APR is what the true rate is factoring what it cost you to get the loan.
The APR will always be higher.
~Trey
2006-07-12 19:25:52 · answer #3 · answered by ~Trey 3 · 0⤊ 0⤋
Annual Percentage Rate (interest)
2006-07-12 19:21:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Annual percentage rate.... slightly different from interest rate in that it takes into account any closing costs or additional fees including in borrowing the money..
2006-07-12 19:21:57 · answer #5 · answered by Heatmizer 5 · 0⤊ 0⤋
anual % rate
2006-07-12 19:26:41 · answer #6 · answered by likeskansas 5 · 0⤊ 0⤋
Well, you already have your answer.
2006-07-12 19:36:09 · answer #7 · answered by organic gardener 5 · 0⤊ 0⤋