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A measure of the cost of credit expressed as a yearly interest rate.
Wiki User
∙ 7y ago
Wiki User
∙ 10y agoA 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 amount of interest that a 100 deposit would earn after compounding for one year called?
Annual equivalent percentage rate.
Calculate the daily interest rate on an annual rate of 17.7 percent?
0.04849%
What is the percent rate of change?
The rate of change is the change divided by the original value. This answer, converted to a percentage is the percentage rate of change.
What is the best rate for a Mosaic Mastercard?
The Mosaik MasterCard is a card that is issued by Bank of Montreal. There are different rates offered depending on whether or not you pay an annual fee. The Mosaik card has a rate of 18.5% with no annual fee, and a rate of 11.4% with an annual fee of $25.
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 of these describes annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate A+
Which of these describes the annual percentage rate?
the amount of finance fee that is charged on the loan for each year
What describes the Annual Percentage Rate?
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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
What is the definition of an APR?
Annual Percentage Rate.
What is the annual percentage rate of visa?
It is 17.99%
On a 5000 annuity compounded daily what would be the annual percentage rate?
Depends on the daily percentage rate.
What do the abbreviations of APR mean?
Annual Percentage Rate
What does typical APR mean?
Annual Percentage Rate
