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TheJag18:
(Credit Scores LC) Review the simple interest rate based on FICO scores to answer the question: FICO Score Simple Interest Rate 800–850 4.295% 740–799 5.597% 670–739 8.132% 580–669 9.358% 300–579 12.413% A consumer, with a credit score of 825, is planning to buy a used car and needs to borrow $3,500 with a simple interest rate loan. Determine the interest rate the consumer will qualify for if their credit score decreases by 80 points. 8.132% 5.597% 12.413% 9.358%
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blackj8882:
the second one
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