Expert Answers » Money Management
Money Management Glossary Definition (English)
Annual Percentage Rate Defined
The following is in context to Money Management, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"What credit costs, as a percentage of the loan amount broken down per year, rather than as a dollar amount. An APR includes fees, so it's a more telling method of measuring the cost of borrowing money than looking solely at interest rates."
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Expert Dictionary: Annual Percentage Rate
Dictionary: Annual Percentage Rate
