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13. A bank offers the following loans: (4 points) Bank A Bank B $235,000 20-year fixed 4.375% 1.75 discount points 0 discount points M $

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13. A bank offers the following loans: (4 points) Bank A Bank B $235,000 20-year fixed 4.375% 1.75 discount points 0 discount points M $ 1,470.92 $235,000 20-year fixed 4.7% M = $1,512.22 What is the break-even point for the loans? c (0pts) about 5 years c (4pts) about 8 years X (0pts) about 6 years C (0pts) about 7 years 0/4 points eemount What is the n

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