How to Calculate Interest Rates (APR)

How to calculate annual interest rates.
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I'll show you exactly how to calculate annual interest rates in under two minutes. It's really easy math that'll potentially save you a lot of money down the road. Interest rates will either help or hurt you financially. It's important to understand the basics of calculating interest. This is very basic math that will help you indefinitely. Just take the principle amount of money and MULTIPLY it by the interest rate. Now you've got a years worth of interest figured out. I said divide in the video. Oops.

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