The amount of interest a borrower must pay each year is known as the annual percentage rate (APR).

The annual percentage rate (APR) can be calculated following this formula :

Annual Percentage Rate (APR) = (Periodic Interest Rate x 365 Days) x 100

Annual Percentage Rate (APR) = (Periodic Interest Rate x 365 Days) x 100

The APR rate is based on the Bitcoin price, the rate is refreshed everyday.

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