[Answer] Annual Percentage?

Answer: A value that represents the interest paid by borrowers or earned by lenders expressed as a percentage of the amount borrowed or invested over a 12 month period.

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Annual Percentage? How Do You Calculate Annual Rate of Return? How Do You Calculate Annual Rate of Return? | Reference.com What is Annual Percentage Rate (APR) and How is it ... What does annual percentage rate mean? - definitions.net Effective Annual Interest Rate Definition - investopedia.com An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment. APR is expressed as a percentage that represents the actual yearly cost of funds over the... Tue Mar 10 2020 · The annual percentage rate (APR) of a loan is the interest you pay each year represented as a percentage of the loan balance. For example if your loan has an APR of 10 % you would pay $ 100 annually per $1 000 borrowed. Tue May 24 2011 · APR or annual percentage rate is the amount of money your bank charges you when it lends you money. Unless your APR is 0 % you're actually paying extra money every time you leave a balance on your credit card. Wed Mar 27 2019 · APR or annual percentage rate is the interest rate you pay on a loan—such as a credit card or auto loan—on a yearly basis. In simple terms it’s the cost of borrowing the money. Your APR is shown as a percentage and includes fees and costs related to the loan. The annual percentage yield (APY) is the real rate of return earned o...

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