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Annual percentage rate (APR) is: A. a yearly fee charged on a credit card. B. the total cost of a loan per year, expressed as a percentage. C. the interest rate on a loan expres…

Annual percentage rate (APR) is: A. a yearly fee charged on a credit card. B. the total cost of a loan per year, expressed as a percentage. C. the interest rate on a loan expres…
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Annual percentage rate (APR) is:

A. a yearly fee charged on a credit card.
B. the total cost of a loan per year, expressed as a percentage.
C. the interest rate on a loan expressed as a percentage.
D. an interest rate that compounds yearly.
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User Edwyn
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Answer:

B.The total cost of a loan per year expressed as a percentage

User Melvio
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