Provide an appropriate response.Which of the following statements is not correct?

A. APR is the true effective annual interest rate charged by lenders.
B. The Truth in Lending Act regulates interest rates.
C. There is more than one formula to approximate a loan's APR.
D. The Truth in Lending Act was passed in 1969.


Answer: B

Mathematics

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Graph the integrand and use areas to evaluate the integral.

A.
B. 98
C. 49
D. 147

Mathematics

Use the Consumer Price Index below to answer the question.The table below shows the federal hourly minimum wage in various years.  What was the relative change in the minimum wage from 1990 to 1997? How does this compare to the overall rate of inflation as measured by the CPI? In which of those two years was the purchasing power of the minimum wage higher? If necessary, round values to the nearest tenth.

What will be an ideal response?

Mathematics

Express the rational number as a decimal. Then insert either < or > between the rational number to make the statement true. 

A. < B. >

Mathematics

Convert to percent.

A. 1%
B. 58%
C. 5%
D. 17%

Mathematics