answersLogoWhite

0

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.

User Avatar

Wiki User

11y ago

Still curious? Ask our experts.

Chat with our AI personalities

RossRoss
Every question is just a happy little opportunity.
Chat with Ross
ReneRene
Change my mind. I dare you.
Chat with Rene
JudyJudy
Simplicity is my specialty.
Chat with Judy

Add your answer:

Earn +20 pts
Q: What describes annual percentage rate?
Write your answer...
Submit
Still have questions?
magnify glass
imp