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Which one of the following statements is incorrect? A. The Truth in Lending Act regulates interest charges B. APR is the true effective annual interest charged by sellers C. None of these D. APR represents
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Which one of the following statements is incorrect?

A. The Truth in Lending Act regulates interest charges
B. APR is the true effective annual interest charged by sellers
C. None of these
D. APR represents the true effective annual rate of interest.

User John Pitts
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8.2k points

1 Answer

5 votes
I think the answer might be D.
User Burnsys
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8.1k points
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