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ASTQB CTAL Exam - Topic 1 Question 21 Discussion

Posted by Belen on May 07, 2022 at 08:28 PM

A Car sales company is financing their customers' vehicles. Financing interest rates are as follows:

(I) For all motorcycles:

a) Customer Credit score 300 - 550

# Annual income US$ 40K-80K - Interest rate 15%

# Annual income US$ 81K-100K- Interest rate 12 %

# Annual income US $ 101K or more - Interest rate 9 %

b) Customer Credit score 551- 680

# Annual income US$ 40K-80K - Interest rate 12%

# Annual income US$ 81K-100K- Interest rate 9 %

# Annual income US $ 101K or more - Interest rate 7 %

c) Customer Credit score 681 or more

# Annual income US$ 40K-80K - Interest rate 10%

# Annual income US$ 81K-100K-Interest rate 6

# Annual income US $ 101K or more - Interest rate 5 %

(II) For all other vehicles the interest rate is 1 % less (from the values given above) for each category mentioned.

a) Ex: Customer Credit score 300 - 550

Annual income US$ 40K-80K - Interest rate 14% and so on.Select the correct decision table from the decision tables given below for the above scenario

Suggested Answer: A

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8 comments · newest first
DE
Devorah 1 year ago
So, motorcycles really get higher rates than cars? That's surprising!
AN
Antonio 1 year ago
I agree, the rates drop significantly with better credit!
RO
Roxanne 1 year ago
Wait, 15% for a credit score under 550? Seems steep!
TI
Tiara 1 year ago
I think Option B looks right based on the income brackets.
GL
Gladys 1 year ago
Those interest rates are pretty high for low credit scores!
PA
Pauline 1 year ago
Hmm, I'm a bit unsure about this one. I know computer-assisted audit techniques are important, but I'm not sure which element is the key one. I might have to think this through a bit more.
EL
Elouise 1 year ago
I'm a bit unsure about this one. RFM is a common marketing concept, but I'm not totally clear on how it's specifically used. I'll have to review my notes to see if I can figure out the right answer.
VI
Victor 1 year ago
I think it might be Conversion since it deals with personal property, but I'm not completely sure.
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