How Do You Define APR?

  1. If you pay monthly instead of one for insurance, you will usually have to pay interest as a percentage of the annual fees. Represents the annual percentage and total cost of all loans, including interest and fees for one year. For example, if the APR is ٪ 10 and you borrow £ 1,000, the cost of the loan will be 100 100 per year.

Meanings of APR

  1. An annual or annual percentage, usually a loan or interest on a loan.