Register

Which description defines the term APR? It is the yearly rate of interest that you pay for credit card use. It is the monthly rate of interest that you pay for credit card use. …

Which description defines the term APR? It is the yearly rate of interest that you pay for credit card use. It is the monthly rate of interest that you pay for credit card use. …
asked 15.9k views
3 votes
Which description defines the term APR? It is the yearly rate of interest that you pay for credit card use. It is the monthly rate of interest that you pay for credit card use. It is the daily rate of interest that you pay for credit card use.

asked
User Valeriane
by
8.9k points

2 Answers

0 votes
a) it is the yearly rate of interest 
answered
User Krock
by
7.9k points
4 votes
APR stands for annual percentage rate, and is the total amount of interest that needs to be paid on a loan amount each year, over the loan's entire term.
answered
User Thetaco
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Passe para a voz passiva: - Kevin asked Dennis a question -Somebody Build the house last year -She gives him a box
If you are writing a persuasive essay in favor of banning vending machines in schools, which is a counterargument you might anticipate?
Transforme em voz passiva: They don't speak English in this shop
Link Copied!