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Annual percentage rate (APR) is:
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Annual percentage rate (APR) is:

User Alies
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is the cost you pay each year to borrow money
User Wellplayed
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Answer:

The Annual Percentage Rate (APR) is the cost you pay each year to borrow money, including fees, expressed as a percentage. The APR is a broader measure of the cost to you of borrowing money since it reflects not only the interest rate but also the fees that you have to pay to get the loan.

User Skoua
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