Jaelynn has a credit score of 710 , while Orion's credit score is 650 They both apply for a refinancing loan from Best Rate Bank. Jaelynn is approved at an interest rate of 3.5% Orion is approved at a rate that is 1 percentage point higher than Jaelynn's due to her slightly lower credit score. What interest rate is Orion charged?
Orion’s rate is 1 percentage point higher than Jaelynn’s 3.5% rate. Add 1.0% to 3.5% to get 4.5%. Orion is charged 4.5%, choice B.
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