
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%.


MultiTasking In Your 30s, 40s or 50s: Managing for today and saving for tomorrow, including a child's college expenses and your retirement More...

Don't let the fear of the time it will take to accomplish something stand in the way of your doing it. The time will pass anyway; we might just as well put that passing time to the best possible use.  Earl Nightingale


