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Martina just opened both a checking account and a savings account for the
first time, so her credit score rose from 665 to 725. According to the following
table for a $150,000 mortgage, how much less per year would Martina have
to pay on a $150,000 mortgage with the new credit score?
FICO
Interest Monthly
Score
Rate Payment
720-850
5.59%
700-719
5.71% $872
675-699
6.25% $924
620-674
7.40% $1039
560-619
8.53% $1157
500-559
9.29% $1238
$860
A. $179
B. $860
C. $1039
D. $2148
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