20) A borrower is purchasing a property for $180,000 and can choose between two possible loan alternatives. The first is a 90% loan for 25 years at 9% interest and 1 point and the second is a 95% loan for 25 years at 9.25% interest and 1 point. Assuming the loan will be repaid in 5 years, what is the incremental cost of borrowing the extra money? A) 13.95% B) 13.67% C) 14.42% D) 12.39%.

I know the answer is 13.95%. Please show me the work through financial calculator functions such as PV, PMT, I/Y, N and FV. The other answer on Chegg study is wrong. Thank you.