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$80,905.07 D Question 30 1 pts If you pay 3 points on a $700,000, 30 year fixed rate loan toreduce the interest rate from 9.5%

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$80,905.07 D Question 30 1 pts If you pay 3 points on a $700,000, 30 year fixed rate loan toreduce the interest rate from 9.5% to ass, how long will it take you to make up the initial cash outlay from the cost of the points (assume that there are no good alternative investments no risk involved, and an alternative investment rate of 6%)? 0 40 047 O 41 O 37 DQuestion 31 1 pts The following information should be used to answer questions 31-33

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