
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%.


Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stressfree as possible. Here are a few tips. More...

You are what you think. You are what you go for. You are what you do! – Bob Richards


