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The APR is the percentage cost of credit on a(n) ______________ basis. A. monthly B. quarterly C. semiannual D. annual E. life-of-loan
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The APR is the percentage cost of credit on a(n) ______________ basis.

A. monthly
B. quarterly
C. semiannual
D. annual
E. life-of-loan

User Adrianos
by
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1 Answer

7 votes

Answer:

D. annual

Step-by-step explanation:

An annual percentage rate (APR) is the yearly rate charged for a loan or earned by an investment.

User Manuel Mourato
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