In which of the following cases would you most likely buy a point when closing on a home loan?
a. The monthly payment is reduced by $8 and you plan to sell the home at the end of 3 years.
b. The monthly payment is reduced by $10 and you plan to sell the home at the end of 4 years.
C. The monthly payment is reduced by $12 and you plan to sell the home at the end of 5 years.
d. The monthly payment is reduced by $14 and you plan to sell the home at the end of 7 years.