A bank issues a $135,000 fixed-rate, 35-year mortgage with a nominal annual rate of 5.5%. If the required rate drops to 5.0% immediately after the mortgage is issued, what is the impact on the value of the mortgage?

		The value will increase by $4,165.60.
		The value will increase by $3,749.04.
		The value will decrease by $3,749.04.
		The value will decrease by $4,165.60.
		There is not enough information given to answer the question.