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How to Calculate
Annual Interest Rate
Annual
Payment Formula
Annual Interest Rate
Calculator
How to Figure Interest
On a Loan
How to Calculate Interest Rate
On Loan
How to Compute
Annual Interest Rate
How to Find
Annual Interest Rate
Finding
Annual Interest Rate
7:12
Khan Academy
Sal Khan
Annual percentage rate (APR) and effective APR
APR stands for Annual Percentage Rate. It's the yearly interest rate you pay on a loan or credit card. However, a credit card's advertised APR isn't the true interest rate because it compounds daily. Learn how to calculate the effective APR to find a card's true interest rate.
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