You are purchasing a car for $12,985.00 with the help of your parents. How much interest is saved in the first month by you using their good credit rating compared to your fair credit rating?
Good: Secured: 5.00% Unsecured: 5.90%
Fair: Secured: 6.40% Unsecured: 7.25%
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OpenStudy (anonymous):
BY YO MAMMA
OpenStudy (justnick09):
muiltiply both of them so 12,985 x .05
12985 x .064
OpenStudy (anonymous):
YEA WHT HE SAID AND U SHOULD GET UR ANSWER
OpenStudy (anonymous):
That's what I did do. But the answer I got isn't any of the choices.
OpenStudy (justnick09):
give me the choices
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OpenStudy (anonymous):
The answer I got is $181.79.
The choices are all under $100.
OpenStudy (justnick09):
also after you get the answer for those equations u subtract the lower from the higher
OpenStudy (anonymous):
The answer I got was $181.79. Choices are all under $100
OpenStudy (justnick09):
give me the choices
OpenStudy (anonymous):
$14.61
$54.10
$15.15
$69.25
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OpenStudy (anonymous):
i think its d
OpenStudy (anonymous):
What makes you think it's D?
OpenStudy (justnick09):
its 69 i plugged 12985/69.25 and i got the answer weve been getting
OpenStudy (anonymous):
It was actually C.
OpenStudy (justnick09):
how
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OpenStudy (anonymous):
what?
OpenStudy (anonymous):
lol that makes no sense at all
OpenStudy (justnick09):
ya i agree
OpenStudy (anonymous):
lol yupp
OpenStudy (justnick09):
sorry
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