American Bankers Association Exam CTFA Topic 1 Question 80 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 80
Topic #: 1

[All CTFA Questions]

APR stands for:

AAverage postal rate

BAnnual percentage rate

CAverage prudential rate

DAverage percentage rate

Show Suggested Answer

Suggested Answer: D

by Sanda at Oct 18, 2024, 06:59 AM

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1 hours ago

I agree with both of you, B) Annual percentage rate makes the most sense in this context.

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1 days ago

I think it's B too, because APR is commonly used in finance to represent the interest rate on loans.

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3 days ago

B) Annual percentage rate

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