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Mr. Hercher bought a home in Homewood, Illinois, for $230,000. He put down 20% and obtained a mortgage for 25 years at 8%. What is

Mr. Hercher bought a home in Homewood, Illinois, for $230,000. He put down 20% and obtained a mortgage for 25 years at 8%. What is the total interest cost of the loan? A - $327,327.80 B - $242,144.00 C - $184,000.00 D - $242,41.00

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