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      Question

      APR stand for

      A Annual Premium Ratings Correct Answer Incorrect Answer
      B Amount Premium Rate Correct Answer Incorrect Answer
      C Annual Percent Ratings Correct Answer Incorrect Answer
      D Annual Percentage Rate Correct Answer Incorrect Answer
      E Amount Percentage Rate Correct Answer Incorrect Answer

      Solution

      The Annual Percentage Rate (APR) is a measure of the interest rate plus the additional fees charged with the loan. Both are expressed as a percentage. A loan's interest rate and APR are two of the most important measures of the price you pay for borrowing money.

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