Question

APR is used to calculate the

Answer 1

DEFINITION of 'Annual Percentage Rate - APR' The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents the actual yearly cost of funds over the term of a loan. This includes any fees or additional costs associated with the transaction

Answer 2

'Annual Percentage Rate - APR' The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents the actual yearly cost of funds over the term of a loan. This includes any fees or additional costs associated with the transaction.

Answer 3

would it be the loan ammount as the answer? im guessing that's what it is.

Answer 4

annual interest rate

Answer 5

its used for ^^^^^

Answer 6

oh okay thank you both.

Answer 7

ur welcome!! :D

Answer 8

anytime:)