Business, 27.05.2021 04:40 corrineikerd

Your FICO score of 790 enables you to obtain a loan for $6,500 at 3.5% interest. Your friend needs the same amount. However, because his FICO
score is 600, he will have to pay 6% interest. How much less will you pay
in simple interest in one year for the same amount of money?

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Your FICO score of 790 enables you to obtain a loan for $6,500 at 3.5% interest. Your friend needs...