What is the definition of an apr

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Reference no: EM132662781

Problem 1: What is the definition of an APR?

Problem 2: What is the effective annual rate?

Problem 3: Which rate should you use to compare alternative investments or loans?

Problem 4: Which rate do you need to use in the time value of money calculations?

Reference no: EM132662781

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What is the definition of an apr : What is the definition of an APR? Which rate should you use to compare alternative investments or loans? What is the effective annual rate?
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