Question: Help Problem 9-8 Evaluating a Refinance Decision [LO9-4] Kelly and DeAndre Browne plan to refinance their mortgage to obtain a lower interest rate. The Browns

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Problem 9-8 Evaluating a Refinance Decision [LO9-4] Kelly and DeAndre Browne plan to refinance their mortgage to obtain a lower interest rate. The Browns will reduce their mortgage payments by $101 a month and incur closing costs of $2,380 as a result of refinancing. How long will it take them to recover the cost of refinancing? Note: Round your answer to nearest whole number. Recovery time months

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