kelviarosas12 kelviarosas12
  • 20-09-2019
  • Mathematics
contestada

What does an APR of 14.2% mean?

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lexxicastillo19
lexxicastillo19 lexxicastillo19
  • 20-09-2019
Apr is the annual percentage rate so it’s asking what is the annual percentage rate of 14.2%
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collinarh9
collinarh9 collinarh9
  • 04-12-2020

Answer:

Each year, a person must pay off 14.2% of a loan.

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