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Top suggestions for How to Calculate Simple Interest APR
How to Calculate Simple Interest
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How to Calculate Simple Interest
How to
Find Interest
How to Calculate Apr
Rate
How to Calculate Interest
On a Loan
How to Calculate
Annual Interest Rate
Simple Interest APR
Calculator
7:12
Khan Academy
Sal Khan
Annual percentage rate (APR) and effective APR
APR stands for Annual Percentage Rate. It's the yearly interest rate you pay on a loan or credit card. However, a credit card's advertised APR isn't the true interest rate because it compounds daily. Learn how to calculate the effective APR to find a card's true interest rate.
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