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 October 1, 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 October 1, 2026). |
| Harvard | Barry Goldsmith 2010, annual percentage rate, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/annual_percentage_rate/definitions/1147651>. |
| MLA | Barry Goldsmith. "annual percentage rate" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/annual_percentage_rate/definitions/1147651> |