Ask Question
11 July, 22:34

Which description defines the term APR?

+3
Answers (1)
  1. 12 July, 00:08
    0
    APR means annual percentage rate. It is the annual rate charged when borrowing or earning through an investment. This includes any costs associated with the transaction. APR is a combination of fees and the interest rate. It is higher than the nominal interest rate.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which description defines the term APR? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers