释义 |
annual percentage rate in British Englishnounthe annual equivalent of a rate of interest when the rate is quoted more frequently than annually, usually monthly Abbreviation: APR Examples of 'annual percentage rate' in a sentenceannual percentage rate Examples on the shout website put the annual percentage rate at 582 per cent.In case you are among that five per cent, it's annual percentage rate.However, cardholders will be charged interest on withdrawals at an annual percentage rate of 12.9%, even if they are repaid in full.Clients are charged an interest rate of 2% a month - equivalent to an annual percentage rate of almost 30%.After the introductory periods, the cards have an annual percentage rate of 22.9% and 20.9% respectively.Once the 0% offers end, you are charged the standard annual percentage rate of 16.6%.The annual percentage rate is used to show how much interest you will pay on credit cards, loans and mortgages.Last year about 1.2 million people took out loans, which typically carry an annual percentage rate of between 2,000 and 4,000 per cent.Lenders are required to include an annual percentage rate of charge on all mortgage tables and adverts.Moreover, it emerged that the bank routinely charged annual percentage rates of interest of more than 100 per cent -about treble the global microfinance average. |