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Suppose you want to borrow SEK 4,000,000 to buy an apartment Suppose you had to...

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Suppose you want to borrow SEK 4,000,000 to buy an apartment Suppose you had to choose between two loan alternatives (monthly compounding) for a 30-year mortgage. Alternative 1. A 9% annually (no discount points) Alternative 2. An 8 % annually with 3 discount points. i. What is the Breakeven period under which you would be indifferent to between the two alternatives? Under what circumstances would alternative 1 be best? Under what circumstances would alternative 2 be best

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