Answer:
APR is the Interest rate advertised by lenders.
Explanation:
APR is the annual percentage rate that is different from the interest rate. Interest rate is the rate of borrowing money. While APR is the rate which includes interest rate, processing fee and other cost that are involved in loan approving.
This cost is decided by lender, which may be equal to interest rate or greater than interest rate.
Answer:
A.Costs
Explanation:
Transaction processing systems are used in business for operational support. This information system processes data as transactions usually in automated manner.
Automation causes efficiency and reduced human intervention, which will end up <em>reduced operational costs</em>.
Administrative, Billing data and progress notes. Also Patient Demographics.
