You are purchasing a car for $12,465.00 plus 5.65% sales tax. You make a $1,300.00 down payment and have a fair credit score. If
you improved your credit score to good and paid $1,500 on your purchase, how much interest could you save in the first month? Secured Unsecured
Credit APR (%) APR (%)
Excellent 4.75. 5.50
Good 5.00 5.90
Average 5.85 6.75
Fair 6.40 7.25
Poor 7.50 8.40
