What are the potential effects of a low credit score.

Denied line of credit, and paying higher interests rates

Step-by-step explanation:

Denied line of credit would be a possibility because lenders can think of you as a very high risk borrower and will probably feel to not lend money to you.

Then paying higher interests rates would also be a possibility because people with higher or normal credit scores could see you as a riskier debtor

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of