filuemostracin\ Owner has a

$30,000

mortgage on his home for a term of 30 years at an annual interest rate of

8.5%

. The monthly payment on the level or constant payment plan is

$230.68

. At the end of 20 years, his loan is

48%

paid off. During the 20 years, how much interest will Owner have paid?\ A.

$38,363

\ B.

$39,963

\ C.

$40,963

\ D.

$55,363

Owner has a $30,000 mortgage on his home for a term of 30 years at an annual interest rate of 8.5%. The monthly payment on the level or constant payment plan is $230.68. At the end of 20 years, his loan is 48% paid off. During the 20 years, how much interest will Owner have paid? A. $38,363 B. $39,963 C. $40,963 D. $55,363