APR stands for Annual Proportion Ratio.

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asked Oct 3, 2017 142k views

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Kodi · Answer 1 · 2017-10-07T07:07:32+0000

This statement is false, APR does not stands for Annual Proportion Ratio, rather it stands for Annual Percentage Rate. Usually APR can be seen in Credit Cards, loans, etc. It is the Annual percentage rate added to your credits.

APR stands for Annual Proportion Ratio.

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