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Old 03-24-2007, 03:35 PM
Tcm9669
 
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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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Old 03-24-2007, 05:05 PM
Jeremy Jeremy is offline
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It stands for annual percentage rate. There's a fairly in depth explanation of it here.
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Old 03-25-2007, 10:52 AM
Tcm9669
 
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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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Old 06-03-2008, 12:55 AM
sahilmiddha
 
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it stand's for annual percentage rate .
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Old 06-03-2008, 11:14 AM
Jeanie Jeanie is offline
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Hope you understand the APR now Tcm9669..

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