It is the yearly rate of interest that you pay for credit card use.
It is the monthly rate of interest that you pay for credit card use.
It is the daily rate of interest that you pay for credit card use.
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Home » Mathematics » Which description defines the term APR? It is the yearly rate of interest that you pay for credit card use. It is the monthly rate of interest that you pay for credit card use. It is the daily rate of interest that you pay for credit card use.