APR vs Interest Rate: The TRUTH Explained

Описание: In this video, I will be explaining the difference between an Interest Rate and Annual Percentage Rate (APR) and provide examples for easy understanding.

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#whatisAPR #whatisinterestrate #APRvsInterestRate #howtocalculateAPR
0:00 Intro
0:37 What is a Interest Rate?
0:47 How To Calculate Interest Rate?
1:29 What is a APR?
2:10 How To Calculate Your APR?
2:48 Conclusion