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no i don't know the answer. please present the answer
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An annual percentage rate is the average percentage change over a period of a year. The percentage change is the change divided by the initial value, expressed as a percentage.
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The annual percentage rate may vary but it can be increased to an 18% APR.
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how the annual percentage rate measures the true cost of a loan
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The effective annual rate (EAR) is 5.09 when the annual percentage rate (APR) is 5 and compounding is done quarterly.
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The effective annual rate for a credit card that carries a 9.9% annual percentage rate (compounded daily) is 10.4%.
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The formula for calculating the effective annual rate (EAR) when using the annual percentage rate (APR) is:
EAR (1 (APR/n))n - 1
Where:
- EAR is the effective annual rate
- APR is the annual percentage rate
- n is the number of compounding periods per year
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A measure of the cost of credit expressed as a yearly interest rate.
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The answer depends on percentage relative to WHAT!
- Total annual spend in Germany?
- Annual spend on food in the EU, Europe, World?
- Some other measure for comparison?
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To determine the annual percentage yield (APY) from the annual percentage rate (APR), you can use this formula: APY (1 (APR/n))n - 1, where n represents the number of compounding periods in a year. This formula takes into account the effect of compounding on the overall yield.
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Annual Percentage Yield. It means expresses an annual rate of interest taking into account the effect of compounding . It is always greater than or equal to the Annual Percentage Rate [APR]
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"Percentage" means parts per hundred: it is a ratio where the denominator is implicitly 100. So, for example, 27% = 27/100.
Annual percentage usually refers to a percentage changeover a period of one year.
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To calculate the monthly percentage rate for a loan or investment, you can use the formula: Monthly Percentage Rate (Annual Percentage Rate / 12). This formula divides the annual rate by 12 to determine the monthly rate.
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The quarterly interest rate with monthly compounding for an annual percentage rate of 7 is approximately 1.75.
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To convert the effective annual rate (EAR) to the annual percentage rate (APR), you can use the formula: APR (1 EAR/n)n - 1, where n is the number of compounding periods per year.
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Annual percentage yield (APY) is a normalized representation of an interest rate, based on a compounding period of one year
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Depends on the daily percentage rate.
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The true annual rate of charged interest is called the annual percentage yield. It is the interest charged and compounded against.
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Presumably 100%, unless you mean average annual rainfall.
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The annual percentage rate (APR) is the interest rate charged on a loan or credit card on an annual basis, while the effective annual rate (EAR) takes into account compounding interest and any additional fees to provide a more accurate representation of the true cost of borrowing over a year.
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Annual interest is interest that accumulates every year. This is a predetermined percentage that is added to a loan or credit card payment.
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The annual percentage rate on credit cards can be researched online. Many credit card companies offer a zero annual percentage rate on balance transfers.
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The average annual percentage rate or interest rate on home improvement loans is around 3.99% to 9.49%. Honestly it really depends on your credit profile.
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APR stands for annual percentage rate in reference to a credit card. An annual percentage rate is the rate companies or banks charge when one uses a credit card.
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To find the annual yield of an investment, you can calculate it by dividing the annual income generated by the investment by the initial amount invested, and then multiplying by 100 to get a percentage.
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The APR - Annual Percentage Rate - on your remortgage package shows the annual interest that you have to pay and will vary with the type of mortgage you possess.
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To convert an annual percentage rate (APR) to an effective annual rate (EAR), you need to take into account the compounding frequency. The formula is EAR (1 (APR/n))n - 1, where n is the number of compounding periods in a year. This calculation gives you the true annual rate you will pay or earn on a financial product after accounting for compounding.
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The only way that one can change an annual percentage rate on a loan or credit card is to renegotiate the terms of the loan or credit balance with the lender. Another way would be to simply refinance the balance.
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The most obvious place to start your search for the annual percentage rate for mortgages in the US is your local bank either online or by visiting the bank where someone can help you further.
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APR stands for Annual Percentage Rate or percentage of interest a company charges you on a 12 month basis for a balance on their card.
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Annual Percentage Rate (of the interest rate)
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