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Mikael owes $9,000 in student loans. His loan has a 7% interest rate over 10 years. What is true about this loan? Select the correct
Mikael owes $9,000 in student loans. His loan has a 7% interest rate over 10 years. What is true about this loan? Select the correct answer below: O Mikael will pay $6,300 in interest on the loan. O Mikael will pay $900 each year of his 10 year loan. O Mikael will pay $3,540 in interest on the loan. O Mikael will pay $1,000 each year of his 10 year loan. 19:32 1/5 Evan and Isabella are a couple looking into obtaining a car loan. Isabella has a credit score of 690, while Evan has a credit score of 530. All other things equal, which of the two are more likely to be rejected for the car loan? Select the correct answer below: O Isabella is more likely to be rejected. O Evan is more likely to be rejected, O Evan and Isabella are both equally likely to be rejected. O More information is needed to determine who is more likely to be rejected. FEEDBACK
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