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Veronika [31]
3 years ago
15

According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of? A.APY B.Interest calcu

lating method C.APR D.Annual fee amount
Business
2 answers:
Lesechka [4]3 years ago
8 0
According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?

Answer: Out of all the options presented above the one that represents what banks are not obligated to inform you of is answer choice B) Interest calculating method. The reason being that the TILA does not tell financial institutions how much interest they may charge or whether they must grant a consumer a loan.

I hope it helps, Regards.
Alla [95]3 years ago
4 0

She’s wrong the answer is actually APY<———- apex

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3 0
3 years ago
The market for land is competitive and in equilibrium at the rental rate of $500 per acre and the supply of land is perfectly in
Elina [12.6K]

Answer:

Falls by $100,000

Explanation:

In this question, we are asked to calculate and state what happens when demand for land falls and as a result, there is also a fall in rental rate.

Firstly, we cost the total of 1000 acres. The price of 1000 acres is simply the multiplication of the 1000 acres by the $500 unit price= 500 * 1,000 = $500,000

We now calculate the price or worth of the land when demand falls

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5 0
3 years ago
Assume there are two types of people. Some expend effort to get food, but then share the food they get equally with those withou
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Answer:

the psychological design of saving energy by not working will increase in frequency while the psychological design of expending effort to get food will decrease.

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b

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Answer:

The correct answer is: Unearned Revenue.

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