FreePaymentCalculators.com Launches Software to Help Calculate Annual Percentage Rates
APR, or Annual Percentage Rate, is a way of determining the amount of interest on a loan, mortgage or other form of financial aid as it is charged per year. This is a helpful figure as individuals can determine how much of the total loan per year is simply paying the interest rather than the original amount, and can affect consumer decision making. It is the truest form of comparing one loan to another. As APR gets harder to determine,...
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