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11 July, 01:04

What is APR?

(economics)

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Answers (2)
  1. 11 July, 03:02
    0
    Annual percentage rate
  2. 11 July, 04:00
    0
    Annual Percentage Rate

    Explanation:

    An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
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