Checkfu

Standard detail

MC.2

Depth 1Parent ID: 7B34AD0C54094F589403F01DB787BD8CStandard set: Grade 8

Original statement

Financial institutions advertise loan costs to potential borrowers using the Annual Percentage Rate (APR), expressed as an annual percentage of the loan principal. Low introductory rates offered to attract customers may increase later.

Quick facts

Statement code
MC.2
List ID
2
Standard ID
914E5E6496364455A734DDDCD55FE547
Subject
Personal Financial Education (2021)
Grades
08
Ancestor IDs
7B34AD0C54094F589403F01DB787BD8C