1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andre45 [30]
3 years ago
9

The Truth-in-Lending Act gives debtors the right to rescind certain transactions for a period of ______ business days from the d

ate of the transactions or from the date they are given the notice of their right to rescind, whichever is later.
Business
1 answer:
inysia [295]3 years ago
3 0

Answer:

three

Explanation:

The Truth-in-Lending Act (TILA) applies to home loans. It requires lenders to disclose all costs related to a home loan, provides rescission rights for some transactions, and impose restrictions on home equity credits. But the TILA cannot set the interest rates or other fees charged by the lender, it only requires the lender to disclose the complete information, e.g. APR, monthly payments and amount financed.

You might be interested in
The etruscans developed a special sophistication in casting and engraving on
Archy [21]
The Etruscans developed a special sophistication in casting and engraving on <u>bronze.
</u>The Etruscans were an ancient culture that was located in central and northern Italy. They were very famous for their art, especially for bronze casts and engravings that are an important archaeological relic even today. They weren't the first nation to do this type of art, however, they were the best.<u>
</u>
4 0
3 years ago
Type the correct answer in the box. Spell all words correctly. Fabian got into an accident on his way to work. He had multiple f
jeka57 [31]
Savings account is what would go in the blank.
7 0
3 years ago
homas is planning to start his own business in 10 years, at which time he will buy all the equipment and land needed. Currently
aalyn [17]

Answer:

FV $4,594,590

Explanation:

The annuity which produce funds will start on the seventh year thereofre there will be 4 annual deposits at the beginning of each year.

We solve for the future value of an annuity-due of 4 year at 10% interest rate:

C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\

C 900,000.00

time 4

rate 0.1

900000 \times \frac{(1+0.1)^{4} -1}{0.1}(1+0.1) = FV\\

FV $4,594,590

This is the amount accumualted at the end of the tenth year

6 0
3 years ago
the main purpose of writing a business plan is to a. prepare a "blueprint" for the development of your business. b. meet a state
erastova [34]
D because if your employees don't know about anything then you will have a sloppy business

5 0
3 years ago
Read 2 more answers
LPM’s weighted average cost of capital (WACC) is 13 percent if the firm does not have to issue new common equity; if new common
erica [24]

Answer:

Projects D and E should be purchased.

Explanation:

since the firm's capital structure is 60% debt and 40% equity, it can pursue up to 2 projects. Only projects D, E and F have an internal rate of return higher than the company's WACC, so project G is discarded immediately.

Since projects D and E have a higher IRR, they should be selected.

  • project D: $70,000, IRR = 18%, debt = $42,000, equity = $28,000
  • project E: $85,000, IRR = 15%, debt = $51,000, equity = $34,000
  • total equity invested = $62,000

6 0
3 years ago
Other questions:
  • Which industry most spurred economic growth and innovation in related industries?
    12·2 answers
  • True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.
    10·1 answer
  • What is the numerical range for credit scores?
    13·2 answers
  • Why are only final goods and services included in the calculation of GDP?
    15·1 answer
  • An ATM with a service fee of $3 is used by a person 200 times in a year. What would be the future value in 5 years (use a 2 perc
    6·2 answers
  • Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1,000 a year for 20 years after retirement. Charl
    5·1 answer
  • Couurtney bought a shirt for $24. with a coupon for 25% off. what was the original price of the shirt before the discount
    15·1 answer
  • THIS IS A RANDOM QUESTION can someone spill some tea bc im bored
    15·2 answers
  • Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of .75%. Economy Fund charges a front-end load of 2%, bu
    5·1 answer
  • Which of the following should NOT be used as a piece of personal protective equipment when using pesticides?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!