Which of the Following Statements Is TRUE? Interest Rates

Multiple Choice

Which of the following statements is TRUE? Interest rates

A) cannot exceed 60% per annum under the Criminal Code
B) can exceed 500% in some provinces for pay day loans
C) must be stated as an annual rate or the lender can only charge 5% per annum
D) must disclose all fees and administrative costs tied into the interest rate for consumer loans
E) all of the above