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lcard044 lcard044
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7 months ago
The formula to calculate the APR is the

▸ average loan balance divided by the total annual finance charges.

▸ outstanding loan balance divided by the total annual finance charges.

▸ total annual finance charges plus annual fee divided by outstanding loan balance.

▸ total annual finance charges plus annual fee divided by average loan balance.
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Personal Finance

Personal Finance


Edition: 2nd
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krissyc39krissyc39
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7 months ago
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lcard044 Author
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7 months ago
Helped a lot
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Correct Slight Smile TY
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You make an excellent tutor!
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