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This presentation provides an overview of two ways of communicating the price of a loan: Annual Percentage Rate (APR) and Total Cost of Credit (TCC). It explains advanages and disadvantages of each, ultimately illustrating why APR is a more transparent way of communicating the cost of borrowing.
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Clipping is a handy way to collect and organize the most important slides from a presentation. You can keep your great finds in clipboards organized around topics.
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