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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. …
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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.

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User Valeriane
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a) it is the yearly rate of interest 
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User Krock
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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.
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User Thetaco
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