Which of the following will not be considered in calculating the APR of alone, under the terms of the truth in Lending Act?
A. Interest
B. Buyer paid discount points
C. Appraisal fee
D. Loan origination fee
Answer: C. Appraisal fee
Business
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Suppose that a highway is governed by a use fee charged to motorists that is based on congestion, operation and maintenance. The total traffic t is used to determine the cost of 5t2. What is the average cost per motorist?
A) 2.5 B) 5 C) 5t D) 2.5t
Business
The tendency of investors to blame others for their failures and take personal credit for their successes is referred to as
A) loss aversion. B) representativeness. C) narrow framing. D) self-attribution bias.
Business