Under Truth-in-Lending,the cost of consumer credit must be expressed in an:

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Under Truth-in-Lending, the cost of consumer credit must be expressed in an annual percentage rate (APR), which includes both the interest rate and any other fees or charges associated with the credit. This allows consumers to compare the cost of credit from different lenders in a clear and standardized way. The other options, such as appreciated payment rate and allocated procedures remedy, are not relevant to expressing the cost of credit.

Under Truth-In-Lending,the Cost of Consumer Credit Must Be Expressed in An