Accountancy, asked by Sofiakaur7825, 11 months ago

Define the term APR as it applies to credit card use

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Answered by PiyushSinghRajput1
0
APR stands for annual percentage rate, and it is the interest rate charged on credit card balances expressed in a standardized, annualized way. The APR is applied each month that an outstanding balance is present on a credit card. Compare cards that offer an introductory 0% APR here.
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