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What exactly is Annual percentage rate? / What is Financial Apr?

What exactly is Annual percentage rate? / What is Financial Apr? What is actually Apr? If you've ever wondered: “What exactly is Annual percentage rate?”, “How much does Apr indicate?”, “Why does Annual percentage rate Work?”, “What is the difference in Annual percentage rate and Financial Rate of interest?”, next this FAQ is for you. Just like the “What's Annual percentage rate?” is a...

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