Busıness Fınance I Deneme Sınavı Sorusu #832465

_ _ _ _ _ _ _ is the stated rate of which banks, credit card companies, mortgage loan officers tell you they charge.

Which of the following complete the sentences above?


Periodic interest rate

Effective interest rate

Simple interest rate

Compound interest rate

Annual percentage rate


Yanıt Açıklaması:

Annual percentage rate (APR) is the stated rate of which banks, credit card companies, mortgage loan officers tell you they charge.

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