Amy and Chuck each buy a car for $20,000. Amy's monthly payment is $100 more per month than Chuck's. Which of the following statements
would explain the difference?
А
B
Chuck has a lower credit score, so
his interest payments are also lower
Amy made a larger down payment,
so her monthly payments are also
larger
С
D
Amy chose a shorter term for her
loan, so her monthly payments are
higher
Chuck's interest rate is higher, so his
monthly payment due is also lower