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4 January, 11:46

40 pts

An annual percentage rate, or APR, represents how much

interest is paid over a year.

interest is paid over many years.

principal is paid over a year

principal is paid over many years.

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Answers (2)
  1. 4 January, 12:50
    0
    Annual means yearly.

    The annual percentage rate is the amount of interest earned over 1 years time.

    The answer should Be: interest is paid over a year.
  2. 4 January, 13:27
    0
    Is this middle school?
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