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Divorce rates tend to be calculated in three ways. What are they? What are some advantages and limitations of each method?
Fair Credit Reporting Act
The law that gives protection to a consumer in the case of errors on a monthly credit card statement; consumers are not responsible for a disputed amount or the finance charges that amount accrues, until the error is resolved.
APR
Annual Percentage Rate; a measure that reflects the cost of borrowing money or the return on an investment, including interest and other associated fees, shown as a yearly rate.
Finance Charge
A fee representing the cost of credit or the cost of borrowing money, including interest and other related charges.
Car Loan
A financial agreement in which a lender provides funds to a borrower for the purpose of purchasing a vehicle, to be repaid with interest over a set period.
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