Apr Là Gì – Annual Percentage Rate

You may have seen the term APR, or annual percentage rate, used in reference to everything from mortgages và tự động hóa hóa hóa loans to credit cards. In this piece, we look at credit thẻ APRs—which you’ve probably seen listed on your monthly statements. Knowing what an APR is, how it’s calculated và how it’s applied can help you make more informed credit thẻ decisions. Bài Viết: Apr là gì APR is an annualized representation of your interest rate. When deciding between credit cards, APR can help you compare how expensive a transaction will be on each one. It’s helpful to consider two main things about how APR works: how it’s applied và how it’s calculated. Generally, credit thẻ companies offer a grace period for new purchases. If you only make purchases và pay off your ending balance each month by the due date, you pay just the amount you owe with no interest. However, if you opt to carry a balance on your thẻ, you pay the agreed-upon interest on your outstanding balance. Many variable interest rates start by using an index, such as the U.S. Prime Rate, và then add a margin. The result is the APR. Variable rates can change if the index changes, và some banks offer a non-variable APR as well. Here’s an example of how the rate is set: The U.S. Prime Rate, as published in the Wall Street Journal

*

The margin the ngân hàng nhà nước charges

*

Annual percentage rate

*

Banks use a formula to determine how much interest you pay on your outstanding balance. They calculate it using a daily or monthly periodic rate, depending on the thẻ. Xem Ngay: Deficit Là Gì Keep in mind some accounts have multiple APRs, so this calculation may be applied for each one. The statement gives you more information about how to calculate the balance subject to interest rate. Xem Ngay: vụ án tiếng anh là gì Annual percentage rate

Xem Ngay:  Pg Là Gì - Và Nghề Pg Là Làm Gì
*

Days in a year

*

There are different APRs based on how you use your credit thẻ. When you’re selecting a credit thẻ, it’s a good idea to consider these rates in addition to your credit needs. Thể Loại: Chia sẻ trình bày Kiến Thức Cộng Đồng

Bài Viết: Apr Là Gì – Annual Percentage Rate Thể Loại: LÀ GÌ Nguồn Blog là gì: https://hethongbokhoe.com Apr Là Gì – Annual Percentage Rate

Leave a Reply

Your email address will not be published.