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1 August, 03:08

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.

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  1. 1 August, 03:22
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    APR means annual percentage rate so the correct answer is:

    It is the yearly rate of interest that you pay for credit card use.
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