Assertion: credit card's rate | /r/HasProperty | the apr
Facets:
value: in other words
type: TEMPORAL
value: for purposes of comparison between rates
type: PURPOSE
Source sentences:
text: For purposes of comparison between rates, the "expected rate" is the APR applied to the average daily balance for a year, or in other words, the interest charged on the actual balance left lent out by the bank at the close of each business day.
text: And credit card interest (expressed as a yearly rate known as the annual percentage rate, or APR) is something you’ll want to take seriously.