10 A A A ~ Ao EL 1 A. Av Style ab x x p up-to-date with security updates, fixes, and improvements, choose Check for Updates. 13 Ann got a 30 year Fully Amortizing FRM for $1,000,000 at an annual interest rate of 7% compounded monthly, with monthly payments. After 5 years of payments, Ann can refinance the balance into a 25 year Fully Amortizing FRM at an annual interest rate of 6% compounded monthly, with monthly payments. Refinancing will cost Ann 1 point and $1,500 in closing costs. If Ann refinances into this loan and makes payments for 25 years, what will be her annualized IRR from refinancing? A) 5.39% B) 6.00% C) 7.00% D) 64.67% 14 Which of the following factors will affect your FICO score? (A) gender (B) salary (C) recent credit searches (D) roce ANSWER: C 15 1972 words English (United States) C Focus