Solved

Under the Truth in Lending Act, the Cost of Credit

Question 12

Multiple Choice

Under the truth in lending act, the cost of credit extended must be expressed as an


A) actual percentage rate.
B) approximate percentage rate.
C) annual percentage rate.
D) average percentage rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents