What is a loan's APR? The total amount you borrowed each semester, expressed as a percentage The total cost of borrowing each semester, expressed as a percentage The total cost of borrowing for the year, expressed as a percentage The loan’s annual payment requirement, expressed as a percentage

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Answer:

D. The loan’s annual payment requirement expressed as a percentage

Explanation:

APR is the measure of interest on your absolute home loan credit sum that you'll pay every year arrived at the midpoint with full term of the loan. A lower APR could mean lower month to month contract installments. You will see APRs nearby financing costs in the present home loan rates.

APR is communicated as a rate that shows to the actual yearly cost of assets over the term of credit. This incorporates any expenses related to the exchange. Nevertheless, the exchange rate is not valued.

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