16/25 what does apr stand for? a annual percentage rate. b amortized payoff rate. c annual principal return…

16/25 what does apr stand for? a annual percentage rate. b amortized payoff rate. c annual principal return. d automatic payment receipt.

16/25 what does apr stand for? a annual percentage rate. b amortized payoff rate. c annual principal return. d automatic payment receipt.

Answer

Brief Explanations:

APR is a common - term in finance referring to the annual percentage rate which represents the yearly cost of borrowing or return rate in financial transactions.

Answer:

A. Annual Percentage Rate