Mathematics, 16.04.2021 16:30, adriannamartinez000
Andy has a credit rating of 800, and Mia has a credit rating of 585. They both apply for the same loan amount from Newton Bank. The bank approves Andy’s loan at 6.5%, and Mia is charged 4 percentage points more because of her lower credit rating. What interest rate does Mia have to pay? A. 2.5% B. 4.0% C. 6.9% D. 10.5% E. 11.25%
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Andy has a credit rating of 800, and Mia has a credit rating of 585. They both apply for the same lo...
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