By onlyinvesting.info
Sep 16, 2021
#annual percentage rate #annual percentage rate definition #annual percentage yield #apr #apr explained #apr meaning #apr vs interest rate #borrowing #calculating apr #credit #finance #how to calculate apr #interest rates #interest rates explained #lending #Personal Finance #personal finance course #personal finance tutorial #what is apr
Thanks for the video. A clear explanation of APR.👍
Thank you! That was super clear and helpful.
thank you 🙂
I missed class and I didn’t know how to calculate APR since I was only given a definition💀 anyways this helped me a lot on my homework
loan amount = 20000, processing fee = 400, Disbursed amount = 19600, interest = 3274, Total Payment by Customer = 23274, Tenor Years = 24 Months, Emi Monthly = 970, I have this question. How to calculate APR for this amount please tell me formula and explain, it is my request please help me.
Nice and simple
Not getting it on my Care Credit because I agreed to a 60 month 17.90% APR but now they're saying it changed to 26.99 because balance not paid in full. So after just 2 weeks they've already charged almost $50 . That's even way more then 26.99%. It's almost 50% interest.
My minimum month payment is $266 for 60 months supposedly 17.90% apr but now it's changed to 26.99% because balance not paid in full which I don't get because agreed to was 17.90%. But after just 2 weeks of my card purchase they've charged almost $50 on $10,495. So it's even way more then 26.99% apr
Utter nonsense as the example takes no account of the length (term) of the loan. If the finance charges were for a 2 year period it would be a quite different APR rather than a 1 year period.
thank you so much my brain could barely comprehend the walk through on my work 💀
Thank you sir, clear and ez. TY