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  • 04-01-2022
  • Business
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When calculating the Annual Percentage Rate, it is important to consider?

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zairess
zairess zairess
  • 04-01-2022

Answer:

APR, or annual percentage rate, is your interest rate stated as a yearly rate. An APR for a loan can include fees you may be charged, like origination fees. APR is important because it can give you a good idea of how much you'll pay to take out a loan.

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