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APR

Annual Percentage Rate — the yearly cost of borrowing expressed as a percentage, including interest and certain fees. Unlike APY, it does not account for compounding.

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Related finance terms

  • 401(k) match
  • APY
  • Adjusted gross income
  • Amortization
  • Capital gains tax
  • Compound interest
  • Debt avalanche
  • Debt snowball
  • Depreciation
  • Effective tax rate

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