What is an annual percentage rate or (APR)?
What will be an ideal response?
Annual percentage rate or APR is the interest rate stated on an annual basis which may include fees such as loan origination fees.
You might also like to view...
In the questions that follow, you will be asked to identify the blanks on the below diagram using the word bank: NADPH, NADP, ATP, ADP + P, carbon dioxide, oxygen, carbohydrate, water. Briefly explain the significance of each item.
D is ________.
What will be an ideal response?
A widget fails 12 times in 600 hr of operation. The MTBF of the widget is ______.
A. 50 hr B. 45 hr C. 32 hr D. 31 hr
Which of the following requires financial institutions to inform consumers of their privacy policies and permits consumers some control over their records?
A. Freedom of Information Act B. Gramm-Leach-Bliley Act C. COPPA D. HIPAA
Bonds that give the issuer an option of retiring them before they mature are:
A. Registered bonds. B. Serial bonds. C. Debentures. D. Callable bonds. E. Sinking fund bonds.