Mathematics
Mathematics, 10.03.2021 19:30, lauraleemartinez

Jim has a credit rating of 620. Sally has a credit rating of 740. Jim and Sally apply for identical loans from Smart Bank. Jim is approved for a loan at 7.2% interest, and Sally is approved for a loan that charged 2 percentage points lower because of her good credit rating. a. What interest rate is Sally charged?

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Jim has a credit rating of 620. Sally has a credit rating of 740. Jim and Sally apply for identical...

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