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3:27
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Khan Academy
Credit 101: What is APR and why does it matter? | Loans and debt | Financial Literacy | Khan Academy
Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now! https://www.khanacademy.org/college-careers-more/financial-literacy/xa6995ea67a8e9fdd:loans-and-debt/xa6995ea67a8e9fdd:terms-of-borrowing/v/apr APR stands for Annual Percentage Rate, which tells you how much it costs to borrow money for a year. It ...
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