Mathematics, 23.09.2019 06:00 nancieabreu4491
Alan and samuel each have a 30-year mortgage. both mortgages were approved at the same time. alan pays 5 percent interest, while samuel only pays 3.5 percent.
if alan and samuel are the same age and make the same amount of money, why is alan paying more in interest?
a) samuel has a better credit score, so his interest rate is lower.
b) samuel has more credit cards, so he recieves a better rate.
c) alan has a better credit score, so his interest rate is higher.
d) alan has a longer credit history, so he recieves a worse rate.
Answers: 1
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Alan and samuel each have a 30-year mortgage. both mortgages were approved at the same time. alan pa...
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