Register
The APR is the percentage cost of credit on a(n) ______________ basis. A. monthly B. quarterly C. semiannual D. annual E. life-of-loan
163k views
0 votes
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
7.8k points

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
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Link Copied!