annual rate
A rate that is calculated or applied over a period of one year.
B1Adjective + NounNode word: annual
Meaning
A rate that is calculated or applied over a period of one year.
Example Sentences
- “The annual rate of inflation is used to adjust the interest rate on loans.”
- “The bank offers an annual rate of 2% on deposits.”
Quick Answers
What does “annual rate” mean?
A rate that is calculated or applied over a period of one year.
How do you use “annual rate” in a sentence?
“The annual rate of inflation is used to adjust the interest rate on loans.”
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