Q
uantitative
R
easoning &
P
roblem
S
olving
380
© 2014 Pacific Crest
2. Does shortening the time of a loan increase or decrease the monthly payments? Explain.
3. Does shortening the time of a loan increase or decrease the total amount of interest? Explain.
4. Why is it important to earn a good credit score?
5. How do you calculate a debt-to-income ratio?
6. What is the difference between a credit card and a debit card?