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10 August, 09:47

A person with a FICO score of 780 applies for a loan and gets an interest rate of 5% with a monthly payment of $439. A second person, with a FICO score of 550 applies for the same loan and gets a rate of 22% with a monthly payment of $511. What is the monthly savings for the person with the highest credit score?

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  1. 10 August, 12:47
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    C. $72
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