All questions in this section relate to the prepared passage…

All questions in this section relate to the prepared passage from Eutropius, the section on Hannibal’s invasion of Italy. Please refer to this passage to answer the following questions. Macrons are OPTIONAL and you will not have points taken off if you don’t include them, but you can include them if you choose : ā ē ī ō ū

Patrick Guitman recently graduated from college with $30,000…

Patrick Guitman recently graduated from college with $30,000 in student loans and $5,000 in credit card debt. He usually makes minimum payments on his debt and he has been late with three payments in the last year. He wants to buy a new car but was told that his interest rate on a loan would be very high. What is the most likely reason this might be so?