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Answered 2017-02-03 01:46:52

A measure of the cost of credit expressed as a yearly interest rate.

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Answered 2013-12-15 20:55:14

A number describes the annual percentage rate!

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What describes annual percentage rate?

An annual percentage rate is the average percentage change over a period of a year. The percentage change is the change divided by the initial value, expressed as a percentage.


What is the maximum annual percentage rate for visa?

The annual percentage rate may vary but it can be increased to an 18% APR.


What is the effective annual rate for a credit card with a 9.9 percent annual percentage rate that is compounded daily?

The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.


How the annual percentage rate measures the true cost of a loan?

how the annual percentage rate measures the true cost of a loan


Is APR the same as rate?

annual percentage rate


What is the annual percentage rate of visa?

It is 17.99%


What is the definition of an APR?

Annual Percentage Rate.


On a 5000 annuity compounded daily what would be the annual percentage rate?

Depends on the daily percentage rate.


What does the acronym APY mean?

Annual Percentage Yield. It means expresses an annual rate of interest taking into account the effect of compounding . It is always greater than or equal to the Annual Percentage Rate [APR]


What do the abbreviations of APR mean?

Annual Percentage Rate


What does typical APR mean?

Annual Percentage Rate


What is yearly rate of inerest on a charge card?

Annual Percentage Rate (APR)


What is the true annual rate of interest charged?

The true annual rate of charged interest is called the annual percentage yield. It is the interest charged and compounded against.


What is the average Annual Percentage Rate on home improvement loans?

The average annual percentage rate or interest rate on home improvement loans is around 3.99% to 9.49%. Honestly it really depends on your credit profile.


What does APR stand for in reference to a credit card?

APR stands for annual percentage rate in reference to a credit card. An annual percentage rate is the rate companies or banks charge when one uses a credit card.


When pertaining to financial loan what does APR stand for?

Annual Percentage Rate (of the interest rate)


A higher interest rate is usually the trade-off for what?

Annual Percentage Rate


What is disclosed in APR?

APR is annual percentage rate. That rate would be stated in the APR.


What credit card has the highest annual percentage rate?

visa


What is the annual percentage rate for a Discover credit card?

3.92%


What is the full form of APR in accounting or finance?

Annual Percentage RateAnnual Performance Report


What does the term annual percentage rate mean for a certificate of deposit account?

Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year


What is apr mean?

Annual Percentage Rate. Refers to the Interest rate paid on a car loan.


Which term best describes the strategy employed when a credit card company offers new customers 0 percent annual percentage rate for the first year?

incentive -tschee22


What is the APR for an instant cash advance?

APR for an instant cash advance is annual percentage rate also called nominal APR which describes describe the interest rate for a whole year in terms of 12 months a year


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