Question: Both questions Time le Which statement is not true about credit scoring system? Select one: a. Credit Scoring does not involve inputting information into a

Both questions

Time le Which statement is not true about credit scoring system? Select one: a. Credit Scoring does not involve inputting information into a statistical model O b. Credit Scoring system is widely used in decision making for consumer loans. O c. Credit Scoring can lead to cost reduction and competitiveness. O d. Credit scoring systems enable creditors to evaluate millions of applicants consistently and impartially on many differe characteristics. The Brown family recently bought a house. The house has a 30-year, $165,000 mortgage with a nominal interest rate of 8 per ce Payments are made at the end of each month. How much will be paid to principal in month 37? Select one: O a. $62.94 O b. $140.63 O c. $37.56 O d. $226.29

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