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

Question

asked Dec 15, 2024 163k views

1 Answer

Manuel Mourato · Answer 1 · 2024-12-20T18:30:25+0000

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.