Mortgage interest rate versus apr


Time value of money has many applications in the business world as well as in our own financial decisions.

Task: Read a recent article (online, newspaper, magazine) that gives advice to individuals about interest rates as they relate to one of these topics: retirement planning; bank accounts; home mortgages; or automobile loans. Provide a brief summary of the advice given (250 words or less). Please cite the link to the article in APA provide the link to the article.

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