A borrower can obtain an 85 percent loan wath an 8 percent interest rate and monthy payments. The loan is to be fully amortized over 25 years. Alternatively. he could obtain a 95 percent ioan at an 8.5 percent rate with the same loan term. The borrower plans to own the property for the entire loan term. Required; a. What is the incremental cost of borrowing the addrional funics? (thing The doilar amount of the loan does not affect the answer) b. What is the incremental cost of borrowing the additional funds if 2 poiris Wefly sharged on the 95 percent loan? c. What is the incremental cost of borrowing the additional funds if the bowi. Wer planned to own the property for only five years? Complete this question by entering your answers in the tabs below. What is the incremental cost of borrowing the additional funds? (Hiot Tond dollar amount of the loan does not affect the