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The annual percentage rate may vary but it can be increased to an 18% APR.

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The annual percentage rate may vary but it can be increased to an 18% APR.

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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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A measure of the cost of credit expressed as a yearly interest rate.

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how the annual percentage rate measures the true cost of a loan

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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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