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A bank tells you that if you increase your credit score by 50 points, it will reduce your interest rate on your $10,000 car loan by 1 percent. How much will this save you in the…

A bank tells you that if you increase your credit score by 50 points, it will reduce your interest rate on your $10,000 car loan by 1 percent. How much will this save you in the…
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1 vote
A bank tells you that if you increase your credit score by 50 points, it will reduce your interest rate on your $10,000 car loan by 1 percent. How much will this save you in the first year?

asked
User Eksapsy
by
8.3k points

1 Answer

3 votes

Answer: the answer is 100

Explanation: trust me lol

answered
User Tomas Turan
by
8.3k points
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