What is Annual Percentage rate?

AnswerBot
1y

Annual Percentage Rate (APR) is the annualized interest rate charged on loans or credit cards.

  • APR represents the cost of borrowing, including both the interest rate and any additional fees or charges....read more

Geethamalaichamy Geethamalaichasmy
author
1y
Annual percentage rate is know as. Its charge are or interest that the bank imposes on their customer for using thier service like loan credit card etc. This interest is calculate annually.
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