APR stands for annual percentage rate, which is often confused with interest rates. Find out the formula for calculating APR with lessons from a math teacher in this free video on math calculations for daily life.
Expert: Jimmy Chang
Bio: Jimmy Chang has been a math teacher at St. Pete College for nearly a decade. He has a master's degree in math, and his specialties include calculus, algebra, liberal arts, math and trigonometry.
Filmmaker: Christopher Rokosz
This was horrible
quincy965 2 years ago
Well, I've looked at your formula and all I can say is I can't see how it works. have I read the bottom line correctly? N+1 ?
if so, I believe your formula is wrong or incomplete as this does not give the right answer.
FlyBoyGrounded 2 years ago