Question

dons credit score is 777, while zeldas credit score is 709. according to the following table for a $150,000 mortgage, how much more would zelda have to pay per month than don?

fico score	interest rate	monthly payment
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

#	choice
b	$115
c	$12
d	$64

Explanation:

Step1: Find Don's monthly payment

Don's credit score is 777, which is in the 720 - 850 range. From the table, the monthly payment for this range is $860.

Step2: Find Zelda's monthly payment

Zelda's credit score is 709, which is in the 700 - 719 range. From the table, the monthly payment for this range is $912.

Step3: Calculate the difference

Subtract Don's monthly payment from Zelda's: $912 - $860 = $52.

Answer:

A. $52