Question: What is the difference in the total interest payments between a 25-year 5.85% fixed rate fully amortizing loan for $320,000 and an identical loan taken

What is the difference in the total interest payments between a 25-year 5.85% fixed rate fully amortizing loan for $320,000 and an identical loan taken out for 15 years?
a) $128,350.84
b) $87,484.41
c) $169,388.62
d) $96,736.37

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