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What is the annual percentage rate table for monthly payment plans used for?

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arya310706 Joined: 29 Jul 2009 Posts: 48 0.15 Dollars($)	Posted: Sat Aug 08, 2009 7:48 am    Post subject: What is the annual percentage rate table for monthly payment Like 0 Dislike 0 What is the annual percentage rate table for monthly payment plans used for?
Niicss Joined: 03 Oct 2005 Posts: 4834 Location: New Jersey 508.88 Dollars($)	Posted: Mon Aug 10, 2009 2:34 am    Post subject: Like 0 Dislike 0 An annual percentage rate table for monthly payment plans helps you to know how your monthly payment would change during the years of the loan. The annual percentage rate (APR) on a payment plan may or may not match with the effective annual rate. _________________ Good is the Enemy of Great.
Tori89 Guest	Posted: Mon Feb 06, 2012 3:03 pm    Post subject: Like 0 Dislike 0 In what way do the numbers on an annual percentage rate table increase?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Tue Feb 07, 2012 12:02 am    Post subject: Like 0 Dislike 0 Hi Tori! Welcome to forums! As far as I know, you can calculate the annual percentage rate increase using the following the given formula: (current year-previous year)/previous year . Feel free to ask if you've further queries. Sussane
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Wed Feb 08, 2012 1:08 pm    Post subject: Like 0 Dislike 0 I don't quite comprehend what is being sought here by the original poster, nor the subsequent poster. Worse, I can't make any great deal of sense out of the answers provided. This'n seems like a rather wasteful thread (to me). _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

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