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03-24-2007, 03:35 PM
Tcm9669
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Join Date: Mar 2007
Posts: 62
Apr?
On another thread I found the word "APR", sorry but I never saw this world. Can please someone explain the meaning?
Thanks!
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03-24-2007, 05:05 PM
Jeremy
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Posts: 331
It stands for annual percentage rate. There's a fairly in depth explanation of it
here
.
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03-25-2007, 10:52 AM
Tcm9669
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Posts: 62
Thanks so if I understood correctly an APR is the annual interest rate that we have to pay (as a %) of the borrowed amount, right?
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06-03-2008, 12:55 AM
sahilmiddha
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Join Date: May 2008
Posts: 185
it stand's for annual percentage rate .
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06-03-2008, 11:14 AM
Jeanie
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Location: I live in a small town in Pennsylvania, USA.
Posts: 398
Hope you understand the APR now Tcm9669..
~Jeanie
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