Suppose that you are in the process of deciding whether or not to refinance your own rate montage at a lower period rule of thumb to help you in your decision. Your lender has informed you that the cost of avon would be 1.200 You of 5% based on your loan balance of $225.000. your present monthly more payment was and your new moon after refinancing, determine the payback period, 38.63 months O 158 months 10.5 months 28.13 months Suppose that you are in the process of deciding whether or not to refinance your own rate montage at a lower period rule of thumb to help you in your decision. Your lender has informed you that the cost of avon would be 1.200 You of 5% based on your loan balance of $225.000. your present monthly more payment was and your new moon after refinancing, determine the payback period, 38.63 months O 158 months 10.5 months 28.13 months