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professor566

What is an Annual Percentage Rate?

An annual percentage rate (APR) is the true cost of borrowing money. The APR reflects the interest rate plus any points, mortgage broker fees, and other charges that you pay to get the loan.


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jone martin
jone martin
23 de jan.

Annual Percentage Rate is a process that helps in insurance. To use the APR we calculate the true cost of borrowing money.


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