12 % Apr Ante .. India Lo Entha Interest ?

[iTeachSAP]

evariki ayina ee terminology telusa ?

[Spartan]

oka lakaram teskunte..nela ki veyyi kattali..... adi 12% APR ante..

[aragorn]

interest rate ante akkadaina okate kada

[Steelers]

rupay

[chinni005]

laksha ki 1000rs vaddi mayya..

naaku 19% + 19%

[just2deal]

APR- Annual percentage rate --this is the rate of interest charged per annum when you take loan
APY-Annual percentage yield -- this is rate of interest what you get when you deposit your money in bank

If APR is 12% ..then you will be charged 12% per year if it is USA or in India..The only difference in India is there is no 'APR' terminology ..but simply 'Interest rate'

[pandemkodi]

12 percent antey rupee

[lion]

12% apr = 1 rupee interest per month

[PMREDDY19]

[quote name='lion' timestamp='1355095717' post='1302922009']
12% apr = 1 rupee interest per month
[/quote]

simple terms lo anthye.. India lo 1 rupee vaddi.. for 100Rs.

America lo $1 vaddi for $100...

[pranavthecuteboy]

yeah correct..12% APR ante Rs100 ki Rs12 per year ani ardam
so per month 1 Rupee for Rs100 ani

[jersey babai]

gp

[iTeachSAP]

great information thank you all for your wonderful comments ...