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What is (APR) Annual Percentage Rate?

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Question added by Othman Alabbad , Team Leader , Gulf International Bank
Date Posted: 2016/01/18
UMAR MANSOOR
by UMAR MANSOOR , Deputy Manager TPM & Safety , Dalda Foods Ltd.

APR describes the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage loan, credit card, etc.

Annual rate that is charged for borowing. which express single percentage number.

Shayan Khan
by Shayan Khan , Territory Sales Manager , Bharti Airtel

APR is the annual percentage rate for the yea \\r from borrower to the loan pay.

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