Question: If a lender is offering a $ 2 9 5 , 0 0 0 3 0 year FRM at 5 . 5 percent if you

If a lender is offering a $295,00030year FRM at 5.5 percent if you agree to pay 1 additional discount point (2.5 total instead of their regular 1.5), then:
A.) What is your monthly payment?
B.) What is your net loan amount?
C.) What is your EBC if you plan to move in 5 years?

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