Meaning Annual interest rate
What does Annual interest rate mean? Here you find 2 meanings of the word Annual interest rate. You can also add a definition of Annual interest rate yourself

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Annual interest rate


The annual interest rate charged on transactions when you don’t pay your balance in full. Credit card issuers can charge different interest rates for different types of transactions, such as balance transfers, cash advances and purchases.
Source: fcac-acfc.gc.ca (offline)

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Annual interest rate


the rate of interest paid on an investment over a 12 month period.
Source: bfscapital.com




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