25. Bob is considering fixed-rate loans from two different lenders who are willing to finance the purchase of a home. The loan amount is $90,000. Lender A is offering a 30 -year, monthly payment loan at 7.0% interest with 2.5 points. Lender B is offering a 30 -year, monthly payment loan at 7.5% interest with no points. What advice would be best for Bob assuming he does not plan to prepay either loan? (Hint: find the effective interest rate on each loan and compare.) a. Loan A is better. b. Loan B is better. c. Both loans are equally desirable d. Points do not affect the loan choice, so toss a coin and pick one