Because APR stands for annual percentage rate, some borrowers get confused and assume APR is annual and interest rate is not. In fact, APR just refers to the entire financing charges on a loan, expressed on an annual basis. The APR takes into account upfront closing costs or loan fees you pay to get the funds.ecause APR stands for annual percentage rate, some borrowers get confused and assume APR is annual and interest rate is not. In fact, APR just refers to the entire financing charges on a loan, expressed on an annual basis. The APR takes into account upfront closing costs or loan fees you pay to get the funds.
The average age of first-time hearing aid wearers is close to 70 years of age, despite the fact that the majority (65 percent) of people with hearing loss are below the age of 65; and nearly half of all people with hearing loss are below the age of 55.eople with a moderate to profound hearing loss, who did not use hearing aids, on average, experienced household incomes $5000-$6000 less than their counterparts who did use hearing aids. This is despite the fact that the higher hearing loss non-wearer groups tended to be employed slightly more often.
Though they are certainly powerhouses of digital technology, hearing aids â as with all of our personal electronic devices â do not last forever. On average, hearing aids have an estimated lifespan of three to seven years. Depending on the style, some may last longer. In-the-ear hearing aids tend to last four to five years, while behind-the-ear hearing aids have a five to six year lifespan. This is due to the construction of the hearing aid, and the way they are worn. In-the-hear hearing aids are exposed to more moisture and higher temperatures due to the way they are worn.