Answer:
$232.57
Explanation:
1 year = 12 months
⇒ 5 years = 5 x 12 = 60 months
APR credit score of 700 or higher = 13.25%
(using the APR calculator) total payment over term of loan = $10,296.56
APR credit score of 699 or lower = 14.25%
(using the APR calculator) total payment over term of loan = $10,529.13
Savings = $10,529.13 - $10,296.56 = 232.57