You are buying a house and the mortgage company offers to let you pay a "point" (1.0% of the total amount of the loan) to reduce your APR from 5.81% to 5.56% on your $416,000, 30-year mortgage with monthly payments. If you plan to be in the house for at least five years, should you do it? (Note: Be careful not to round any intermediate steps less than six decimal places.) The monthly mortgage payment at 5.81% APR is $ 2444 (Round to the nearest cent.) The monthly mortgage payment at 5.56% APR is $ 2378 (Round to the nearest cent.) The lower interest rate on the mortgage results in monthly savings of $ 66. (Round to the nearest cent.) The PV of the monthly savings is $ (Round to the nearest cent.) The balance of the mortgage at the end of five years at 5.81% APR is $| (Round to the nearest cent.) Enter your answer in each of the answer boxes. ? You are buying a house and the mortgage company offers to let you pay a "point" (1.0% of the total amount of the loan) to reduce your APR from 5.81% to 5.56% on your $416,000, 30-year mortgage with monthly payments. If you plan to be in the house for at least five years, should you do it? (Note: Be careful not to round any intermediate steps less than six decimal places.) The monthly mortgage payment at 5.81% APR is $ 2444 (Round to the nearest cent.) The monthly mortgage payment at 5.56% APR is $ 2378 (Round to the nearest cent.) The lower interest rate on the mortgage results in monthly savings of $ 66. (Round to the nearest cent.) The PV of the monthly savings is $ (Round to the nearest cent.) The balance of the mortgage at the end of five years at 5.81% APR is $| (Round to the nearest cent.) Enter your answer in each of the answer boxes