Fifteen years after graduation, two former ACE 240 students happen to by identical houses and both borrow $301,000 to finance their purchase. Student A gets a 15 year loan at 2.50%. Student B gets a 30 year loan at 3.00%. For both students, calculate their monthly loan payment. Round that amount to the nearest penny. Multiply that amount by the number of payments to calculate the total amount paid by both former students. Subtract the principal borrowed from that total payment amount to calculate how much interest they pay over the life of the loan. Which is true? Student A pays $95,583.60 more in interest than Student B Student B pays $95,583.60 more in interest than Student A Student A pays less per month than Student B O Student B pays less per month, less in total payments, and less in interest than Student A