On April 1. year 1. Mary borrowed $150,000 to refinance the original mortgage on her principal residence. Mary paid 3 points to reduce her interest rate from 7 percent to 6 percent. The loan is for a 30 year period. How much can Mary deduct in year 1 for her points paid? Multiple Choice 0 54,500 O $3,375 51125 O $150.5