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The bank offered Annette a $380,000, 30-year mortgage at 3.54%. She is deciding whether to purchase 2 points to reduce her APR by 0.25% per

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The bank offered Annette a $380,000, 30-year mortgage at 3.54%. She is deciding whether to purchase 2 points to reduce her APR by 0.25% per point. Each point will cost 1% of the loan value. USE CALCULATOR SOUP to calculate mortgage payments. https://www.calculatorsoup.com/calculators/financial/mortgage- calculator.php a. Calculate her monthly payments with the points. b. Calculate her monthly payments without the points. as type your answer b. $ type your answer Submit

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