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Vedmedyk [2.9K]
2 years ago
10

Why is apr an important tool for consumers

Mathematics
1 answer:
My name is Ann [436]2 years ago
6 0

Answer:

APR, or annual percentage rate, is your interest rate stated as a yearly rate. An APR for a loan can include fees you may be charged, like origination fees. APR is important because it can give you a good idea of how much you'll pay to take out a loan.

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