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 5.56% to 5.31% on your $426,000,30-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 5.56% APR is \$ The monthly mortgage payment at 5.31% APR is $ The lower interest rate on the mortgage results in monthly savings of $ The PV of the monthly savings is $ (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.) (Round to the nearest cent.)