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Darina [25.2K]
3 years ago
12

APR stands for Annual Proportion Ratio.

Business
1 answer:
lisabon 2012 [21]3 years ago
8 0
This statement is false, APR does not stands for Annual Proportion Ratio, rather it stands for Annual Percentage Rate. Usually APR can be seen in Credit Cards, loans, etc. It is the Annual percentage rate added to your credits.
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