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    Personal Finance Study Set 13
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    Exam 8: Managing Your Credit
  5. Question
    The Annual Percentage Rate (APR)on Credit Is the Simple Interest
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The Annual Percentage Rate (APR)on Credit Is the Simple Interest

Question 25

Question 25

True/False

The annual percentage rate (APR)on credit is the simple interest rate after including any fees (such as an application processing fee)imposed by the creditor.

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