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What Is a Rate
in Math
Rate
Definition
What Is Rate
of Change
What Is
a Unit Rate
App Frame Rate Is
to Slow
Rate
Meaning
What Is Sawag Rate What
We Do On It
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7:12
Khan Academy
Sal Khan
Annual percentage rate (APR) and effective APR
APR stands for Annual Percentage Rate. It's the yearly interest rate you pay on a loan or credit card. However, a credit card's advertised APR isn't the true interest rate because it compounds daily. Learn how to calculate the effective APR to find a card's true interest rate.
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