: Part 4
Assessment Description
The purpose of this assignment is to determine how different credit scores will impact a purchase. Think about how Jamie Lee Jacksons scenario, located in Connect, applies to your daily life. Try a website such as bankrate.com or other similar websites to view interest rates. Write a 200-300-word summary discussing the following items.
1. How can you determine and track your credit score? Describe why it is important to .
2. What is the interest rate for a vehicle loan if you have a ? What is the interest for a ?
3. What is the total price of a $25,000.00 automobile, over the life of the loan, financed for 5 years, based on the two different interest rates you found? Assume that you have no trade-in or money for a down payment.
4. How is an auto loan different from a ?
APA style is not required, but solid academic writingis expected.
You are required to submit this assignment to LopesWrite for similarity scores and Plagiarism Check.