Skip to content
menu
Home
Full Test
Study Plan
Blog
Question:
Under the Federal Truth-in-Lending Act (TILA), the cost of credit is expressed as
____
A
an annual percentage rate.
Explaination
Financing costs are stated as an
annual percentage rate (APR)
.
Explore more similar questions
Take more free practice tests for otherReal Estate topics with our
free real estate practice exam
now!