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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┬аAnnual Percentage Rate┬а(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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