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1. a)If a person has a credit score of 610, what is their expected interest rate to the nearest percent? b) What is the total
1. a)If a person has a credit score of 610, what is their expected interest rate to the nearest percent?
b) What is the total interest paid to the nearest cent if the car costs $36,915, your down payment is $0, and your credit score is 610 on a 60-month loan with monthly payments?
c) A credit score company advertises it can increase a credit score by 30 points for a fee of $500. How much (to the nearest cent) will you save in interest compared to the scenario from the question above if you pay for the credit score increase?
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