Ask your own question, for FREE!
Mathematics 10 Online
OpenStudy (anonymous):

What is the formula for Annual Percentage Rate(APR)?

OpenStudy (anonymous):

APR = [2 x Number of Payments per Year x Total Finance Charges] / [Original Loan Proceeds x Total Number of Payments + 1]

OpenStudy (anonymous):

Thanks!

OpenStudy (anonymous):

Your Welcome!

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!