
Apr   • Is the Annual Percentage Rate of Interest.    Embedded terms in definition   Annual percentage rate Interest Rate of interest
   Referenced Terms   Annual percentage rate: The nominal annual rate of interest interest rate, found by multiplying the periodic rate by the number of periods in a year.This is a standardized way of computing the interest rate. The exact method uses the actuarial methods. It reflects the true cost of interest after taking into account all costs such as fees, points, early payments and so on.Abbreviated Apr. The periodic rate times the number of periods in a year. For example, a 5% quarterly return has an APR of 20%.


What to Know Before Declaring Your Financial Independence: Twentysomethings may not realize it, but every time they enter a new phase of their life as young adults  perhaps starting college, a career or a family  they're also venturing into a new world of money management. Here are ways to be prepared. More...

Many a man has finally succeeded only because he has failed after repeated efforts. If he had never met defeat he would never have known any great victory.  Orison Swett Marden


