Mathematics, 13.02.2021 02:40 budjasdatazaki3913
Two people purchase the same car for $15,000 and both loans are for 5 years. Person #1 has a FICO Score of 815 and is charged 1% APR and person #2 has a FICO Score of 745 and is charged 2.5%. The bank uses the Simple Interest Formula, LaTeX: I=PrtI = P r t for calculating the total cost of the vehicle. Use this information to answer the questions that follow. Make sure to type percentages as decimal values and final answers are typed as monetary amounts to the nearest cent
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Two people purchase the same car for $15,000 and both loans are for 5 years. Person #1 has a FICO Sc...
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