25. Your FICO score is a commonly used measure of credit risk (see www.myfico.com). A score of 850 is the best (highest) score possible. Thirty-five percent of the FICO score is based on payment history for credit cards, car loans, home mortgages, and so on. Suppose your current FICO score is 720 and you have just missed a credit card payment due date and have incurred a late-payment fee! If your FICO score will drop 10% in the

“payment history” category because of the late payment on your credit card, what is your new FICO score? (3.3)