emaining Time: 1 hour, 35 minutes, 36 seconds Question Completion Status: 4.2% 3.5% QUESTION 6 1 poin Emily is considering purchasing a new home for $400,000. She intends to put 20% down and finance $320,000, but is unsure which financing option to select. Emily is considering the following options: o Option 1: Fixed rate mortgage over 30 years at 6% interest, zero points, or o Option 2: Fixed rate mortgage over 30 years at 5% interest, plus one discount points. How long would her financial planner recommend that she live in the house to break even using Option 2 presuming she is not financing the points? 24.6 O 16.4 15.9 8.2 0 QUESTION 7 1 points Jeff recently purchased a house for $350,000. He made a down p and financed the balance over 30 vears at 7.1%. If Jeff's first pavment is due on ayment of $50,000 Click Save and Submit to save and submit. Click Save All Ansu ers to save all answers. Seve All Anewene Sav emaining Time: 1 hour, 35 minutes, 36 seconds Question Completion Status: 4.2% 3.5% QUESTION 6 1 poin Emily is considering purchasing a new home for $400,000. She intends to put 20% down and finance $320,000, but is unsure which financing option to select. Emily is considering the following options: o Option 1: Fixed rate mortgage over 30 years at 6% interest, zero points, or o Option 2: Fixed rate mortgage over 30 years at 5% interest, plus one discount points. How long would her financial planner recommend that she live in the house to break even using Option 2 presuming she is not financing the points? 24.6 O 16.4 15.9 8.2 0 QUESTION 7 1 points Jeff recently purchased a house for $350,000. He made a down p and financed the balance over 30 vears at 7.1%. If Jeff's first pavment is due on ayment of $50,000 Click Save and Submit to save and submit. Click Save All Ansu ers to save all answers. Seve All Anewene Sav