What does APR stand for in the context of interest rates?
What does APR stand for in the context of interest rates?
شرح سود کے تناظر میں اے پی آر کا کیا مطلب ہے؟
Explanation
APR stands for Annual Percentage Rate.
It is the interest rate charged on a loan or credit product over a year.
Including fees and other costs, expressed as a percentage of the loan or credit amount.