﻿ Annual Percentage Rate (APR): K-12 Lesson Plans, Articles, Studies and Background Information
Annual Percentage Rate (APR)
K-12 Lesson Plans, Articles, Studies and Background Information
For Elementary, Middle and High School Students & Teachers

APR Lesson Plans, Articles, Studies

### APR Definition

Annual percentage rate (APR) is the cost of a loan to the consumer annualy, that is a percentage of the credit granted by the lender. APR is instrumental for comparing the convenience of different loan options.

P0 is the first principal
r is the percentage rate for each payment
n is the number of payments for the loan

### Background Information

• Annual percentage rate - Wikipedia [View resource]
• Annual Percentage Rate (APR): Overview and How to Calculate APR [View resource]
• Annual Percentage Rate (APR) and Effective APR [View resource]
• What is APR? [View resource]
• Mortgage APR Calculator [View resource]
• Financial Annual Percentage Rate Calculator [View resource]

### K-12 Lesson Plans

• Calculate problems of limiting value using the formula S = Pen as it pertains to annual percentage rate. [View resource]
• Bottom-Line Personal Finance Myths [View resource]
• Introduction to Earning Interest APR, APY, and Compound Interest (Grades 9- 10) [View resource]
• Introduction to Earning Interest APR, APY, and Compound Interest (Grades 11- 12) [View resource]
• Introduction to Earning Interest APR, APY, and Compound Interest (Middle School) [View resource]
• Credit Cards [View resource]
• How Credit Card Interest Works - Lesson Plan [View resource]
• Your Life Your Money - PBS [View resource]
• Defensive Spending—Tackling Credit & Debit Cards [View resource]

### Studies and Articles

• How to Calculate the Interest Rate on Payday Loans [View resource]
• The Challenge of Understanding Pricing of Micro-loans [View resource]
• Study on Interest Rate Restrictions (IRR) [View resource]
• The Pricing of Home Mortgage Loans to Minority Borrowers: How Much of the Apr Differential Can We Explain? [View resource]