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The phrase 'percentage rate' is correct and usable in written English.
It is used to describe a measurement of something expressed as a fraction of 100. For example, "The annual percentage rate for this loan is 3.4%."
Dictionary
percentage rate
noun
A coefficient that is a quotient of two numbers, in which the denominator has the same units as that of the numerator multiplied by a unit of time and that is expressed in percentage points.
Exact(60)
APR — Annual Percentage Rate.
What is an APR? APR stands for annual percentage rate.
has the highest percentage rate for redemptions; Man. the lowest.
may be referred to as the "annual percentage rate".
Nope, it went up by a higher percentage rate: 35%.
On some loans, the annual percentage rate charged was more than 500percentt.
The loan carried an annual percentage rate of 12.3percentt, according to the Sullivans' loan documents.
It said it expected earnings per share to increase by a double-digit percentage rate.
*Take note of the annual percentage rate the dealer offers, not just the monthly payments.
"We literally licensed four capital letters and we paid a very, very low royalty percentage rate".
Most pay the percentage rate, which depends on the type of concession.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com