Examples of Annual Percentage Rate in a sentence
Such Receivable provides that a prepayment by the related Obligor will fully pay the principal balance and accrued interest through the date of prepayment based on such Receivable’s Annual Percentage Rate.
To obtain the Annual Percentage Rate we multiply the Periodic Rate by the number of days in a year (daily).
In no event will the Periodic Rate or corresponding Annual Percentage Rate exceed the maximum rate allowed by law.
Range of Balance or Conditions Interest Rate Corresponding Annual Percentage Rate Daily Periodic Rate All Balances 14.900% 14.900% 0.04082% Notwithstanding any other provision of this Agreement, we will not charge interest on any undisbursed loan proceeds.
The Periodic Rate and the corresponding Annual Percentage Rate on your Credit Line are based upon an Annual Percentage Rate on ranges of balances as shown below.