Difference between revisions of "Annual percentage rate"

Revision as of 09:32, 4 December 2019

Annual percentage rate (better known by its acronym, APR; alternatively known as annual interest rate, interest rate per year, interest rate earned per year; as symbols also referred as i, I, I/YR, and r; hereinafter, APR) is the nominal annual interest rate or, in other words, the rate of return calculated for a given year. In most cases, interest rate, lease rate, and rate of return mean APR as well.

APR. The nominal annual interest rate is also called the annual percentage rate.

Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.

Revision as of 09:17, 4 December 2019 (view source) Gary (talk \| contribs) ← Older edit		Revision as of 09:32, 4 December 2019 (view source) Gary (talk \| contribs) Newer edit →
Line 1:		Line 1:
−	[[Annual percentage rate]] (better known by its acronym, [[APR]]; alternatively known as [[annual interest rate]], [[interest rate per year]], [[interest rate earned per year]]; ~~in the formulas~~ also referred as [[i]], I, [[I/YR]], and [[r]]; hereinafter, ''APR'') is the nominal annual interest rate or, in other words, the rate of return calculated for a given year. In most cases, [[interest rate]], [[lease rate]], and [[rate of return]] mean ''APR'' as well.	+	[[Annual percentage rate]] (better known by its acronym, [[APR]]; alternatively known as [[annual interest rate]], [[interest rate per year]], [[interest rate earned per year]]; as symbols also referred as [[i]], I, [[I/YR]], and [[r]]; hereinafter, ''APR'') is the nominal annual interest rate or, in other words, the rate of return calculated for a given year. In most cases, [[interest rate]], [[lease rate]], and [[rate of return]] mean ''APR'' as well.