According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of? A.APY B.Interest calculating method C.APR D.Annual fee amount

Answers

Answer 1
Answer: 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.
Answer 2
Answer:

Answer:what days the bank is open for business

Explanation:just did it


Related Questions

Lack of downtime negative or positive
Jennie signs a written instrument giving the bank a security interest in her car. This instrument is known as: a. a financing statement. b. collateral. c. a security interest. d. a security agreement.
______ uses email messages or IMs that appear to be from those you do business with, such as your bank, credit card company, or social network. A) Spoofing B) Phishing C) Cyberbullying D) Pharming
In which of the following situations would someone have to pay a gift tax?a. A relative dies and leaves you $13,000 in the will. b. You parents give you a car for your 16th birthday. c. Your grandmother gives you $13,000 toward college. d. Your cousin gets a job paying $32,000 a year.
The exchange of goods and services between countries is called _____.regulationsinternational tradetariffs

Which of the following is the best definition of a bit?A. A measure of computer graphics and sound

B. A physical signal that becomes a digital signal

C. single 1 or 0 in a digital signal

D. An electrical signal in a wire

Answers

A measure of computer graphics and sound is the best definition of a bit.

Which of the following is the best definition of bit?

A bit (binary digit) is the smallest unit of statistics that a laptop can system and keep. A bit is always in one in all two bodily states, just like an on/off light transfer. The state is represented by a single binary price, typically a zero or 1.

Which of the subsequent is the best definition of a modern-day laptop?

A pc is a device or tool that plays techniques, calculations, and operations based totally on commands furnished with the aid of a software or hardware program. It has the ability to simply accept facts (input), manner it, after which produce outputs.

Learn more about computer graphics here: brainly.com/question/17506968

#SPJ2

Answer: A single 1 or 0 in a digital signal

Why might a newlywed chinese couple receive the gift of a scroll painting with peonies?

Answers

In China, Peonies is considered as the most dignified and elegant flowers.

It's a common tradition in china to give a newlywed coupe a scroll painting of peonies. It symbolized the wish of success in romance, Happy Marriage, Honor, and wealth

40 ptsIf the country was experiencing high inflation, the Federal Reserve could _____________________ to help slow down the growth & make the economy stable.


A) raise interest rates

B) lower interest rates

C) increase spending AND decrease taxes

D) decrease spending AND increase taxes

Answers

The correct answer was  

A) raise interest rates

on the Quiz.

(Higher interest rates are intended to slow down the economy by making borrowing harder.)


<b>HEY THERE!!


QUESTION:- If the country was experiencing high inflation, the Federal Reserve could _____________________ to help slow down the growth & make the economy stable.

ANSWER:- D) decrease spending AND increase taxes

HOPE IT HELPS YOU.

Madson Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subscriptions in January at $10 each. What entry is made in January to record the sale of the subscriptions?a.Prepaid Subscriptions................600,000..................Cash...................................600,000b.Subscriptions Receivable..........600,000................Subscription Revenue.............600,000c.Cash...........................600,000............Unearned Subscription Revenue.....600,000d.Subscriptions Receivable.............100,000.............Unearned Subscription Revenue....100,000

Answers

Answer:

C) Cash...........................600,000............Unearned Subscription Revenue.....600,000

Explanation:

January 31: 60,000 subscriptions sold

  • Dr Cash account 600,000
  • Cr Unearned Subscription Revenue account 600,000

Since cash is an asset account and it increases, then it should be debited.

Unearned revenue is a liability account, since the company received money in advance for future publications. When liabilities increase, they should be credited.

Select all of the information that appears on a bank statement.account balance
Social Security number
transactions that have cleared
account number
account holder's name

Answers

Answer:

account balance

transactions that have cleared

account number

account holder's name

Explanation:

Bank Statement is like a financial breakdown on a bankholders account. the following information will be on the bank statement,

A bank issues a statement bearing the following information

account balance: the history of cash transactional in past few days/months

transactions that have cleared

account number

account holder's name

These records are sent to an holder who might need it for large cash volume transaction

account number

social security number

Nick’s Burritos purchases its inventory, on account, daily. At December 31, 2016, the company had taken receipt of $160,000 of inventory from its suppliers which had not been recorded in the accounts. If Nick’s Burritos makes the appropriate adjusting entry, how much will be reported on the December 31, 2016, balance sheet as accounts payable?

Answers

Answer:

The $160,000 will be reported on the December 31, 2016, balance sheet as accounts payable

Explanation:

Account payable: The account payable is the amount in which the purchase of an item on a credit basis is recorded and the payment is to be made at the later date. It has come under the current liabilities on the balance sheet side.  

In the given question, the purchase of inventory is made for $160,000 on a credit basis. Along with it, the receipt is also taken from the supplier. So, the same amount i.e $160,000 will be recorded in accounts payable