Indicate Which Courts Decided the Case Cited Below

question 83

Essay

Indicate which courts decided the case cited below. Also indicate on which pages and in which publications the is reported.
U.S. v. Maclin P. Davis, 397 U.S. 301, 25 AFTR 2d 70- 827, 70- 1 USTC & 9289 (1970).

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Definitions:

APR

Annual Percentage Rate, which represents the annual cost of borrowing or the annual yield from an investment.

Interest Rate

The financial percentage of the principal demanded by a lender for giving a borrower access to resources.

Pure Discount Loan

A loan where the borrower receives a single lump sum payment at maturity instead of periodic payments, with interest incorporated in the repayment amount.