What is APR? I'm looking on carmax.com at their cars and I clicked on 'Payment
I'm looking on carmax.com at their cars and I clicked on 'Payment Estimator' and I have to enter 'Finance Rate: APR.' What is that? Is it something more that I enjoy to pay? Please answer within language that I can figure out, not confusing bank-talk gibberish. Thanks!
Nearly as I remember it's "Anual Percentage Rate" for every loan you're charged a finance excise for being loaned the money. THe customer is an investment and they want to proffit sour their (the bank's) investment.
If you have suitable credit it tends to be lower. Some sports car sales allow you to forgo a down pocket money or 0% apr. Typically you save more money choosing the 0 apr than choosing the no down pay-out option. :)
ANNUAL PERCENTAGE RATE! IM 13 AND I NO THAT!!
Answers: your 13 and KNOW what a APR is great but i see you still do not pay attention surrounded by English class
Ashley , do not make the mistake of going contained by debt to purchase a vehicle , driver a beater if you have to accumulate your money until you can buy a car that you want and can afford , debt is dumb , especially when buying a item that go down in good point
Approved Interest Rate. for the loan
Interest rate. Guess 7.5 if you entail a number, it shouldn't be far off from that.
APR stands for Annual Percentage Rate. It is a standardized form of calculating the interest charge. Be convincing about what you put contained by there. Do you know what sort of rate you would qualify for?
interest rate..
of course it also stands for April,.which is a month but also a girls pet name...
some dictionaries have meaning for letters approaching that..AKA,etc..
annual percentage rate
The abbreviation of April
Your daily interrupted rates
Annual percentage rate... the percent interest you repay. If you charge $1,000 and have to earnings 5% APR, then you'll settle up $50 extra per year.
Oh, and miss smarty pants 13 year behind the times : not so smart when you can't spell!
Basically an annual percentage of a loan amount. Auto loans or customarily 15 to 20 percent and much higher than ridge loans .
It's your interest rate
Annual Percentage Rate. This is the interest you pay on your sports car loan
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