Mr. Qualify is applying for a $80,000 GPM loan for 20 years at an interest rate of 10 percent. Payments would be designed so as to graduate at the rate of 6.0 percent for 4 years beginning with payments in the second year. The loan constant for this GPM is 0.00807389. (Hint: use this number in the first year) If the lender charged 3 points at origination, what would be the effective interest cost on this loan if it is prepaid at the end of year 5 (Loan balance at the end of year 5 is $75,883.48)? O 10.79% O 11.45% O 10.65% 9.56% O 12.89%