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1:54
financestrategists.com
Annual Percentage Rate (APR) | Definition, Calculation, & Types
The APR is a rate that reflects the yearly cost of borrowing money or earning an investment. Learn about APR calculations, types, and more here.
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May 25, 2020
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2.4K views · 22 reactions | APR vs. APY: Know the difference! Annual Percentage Rate (APR) shows the cost of borrowing, including fees, while Annual Percentage Yield (APY) shows the interest earned on savings, including compounding. Both are crucial for making informed financial decisions. To learn more, visit https://bit.ly/3LA4ydC. | KeyBank | Facebook
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