What is Annual Percentage Rate and Why is it Important?
![What is Annual Percentage Rate and Why is it Important? What is Annual Percentage Rate and Why is it Important?](https://www.icharts.org/wp-content/uploads/2020/02/What-is-Annual-Percentage-Rate-and-Why-is-it-Important-680x350.png)
The banking industry is full of complex calculations and assessments. Especially when it comes to the loan department, these calculations become excessively intricate and meticulous. APR, which works for …