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Everything you need to know about APR: What is APR or Annual Percentage Rate, How is APR calculated, How is Annual Percentage Rate different from regular interest, Does APR include all fees, Which is better – a high or low APR, What factors influence the APR, Companies advertise loans with 0% APR – what is that, and more.
Show notes and transcript at: What is APR (Annual Percentage Rate)? A Simple Explanation for Kids and Beginners
