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Mathematics, 03.04.2020 18:52 luketrup

Which statement about the annual percentage rate (APR) is NOT true? CLEAR CHECK If the APR is 6%, you will pay 6% of the loan balance per month. The APR takes into account the fees for a loan. The APR for a loan depends on when the loan must be repaid. The APR helps compare loans with the same payback period, but with different monthly rates and different fees.

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Which statement about the annual percentage rate (APR) is NOT true? CLEAR CHECK If the APR is 6%, yo...
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