Also known as A. P. R. The' Annual Percentage Rate' is the cost of your credit expressed in terms of an annual rate. The A. P. R. Takes into account "points" or "closing costs" that may be included in your loan amount and is often higher than your interest rate for this reason.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). annual percentage rate. Retrieved September 25, 2026, from http://smartdefine.org/annual_percentage_rate/definitions/1147651 |
| Chicago | Barry Goldsmith. 2010. "annual percentage rate" http://smartdefine.org/annual_percentage_rate/definitions/1147651 (accessed September 25, 2026). |
| Harvard | Barry Goldsmith 2010, annual percentage rate, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/annual_percentage_rate/definitions/1147651>. |
| MLA | Barry Goldsmith. "annual percentage rate" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/annual_percentage_rate/definitions/1147651> |