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I research bidnisses for fun and personal finance is my 💰SDL | BGG | SLS
May 11, 2020 7 tweets 2 min read
Just cuz it kicked my ass, don't mean it gotta kick yours!

Here's Interest Rate vs. APR vs. APY 🤔📊👇🏽

#30DaysofThreads Interest Rate:

This is the amount of interest that you will PAY only* on the principal (starting amount) of the loan

Usually shown as a percentage (ex. 5%)