Use P r n 11+ r nnt to determine the regular payment amount, rounded to the nearest dollar. Consider the following pair of mortgage loan options for a $170,000 mortgage. Which mortgage loan has the larger total cost (closing costs + the amount paid for points + total cost of interest)? By how much? Mortgage A: 30-year fixed at 12.25% with closing costs of $1500 and 1 point. Mortgage B: 30-year fixed at 10.5% with closing costs of $1500 and 4 points. Question content area bottom Part 1 Choose the correct answer below, and fill in the answer box to complete your choice. (Do not round until the final answer. Then round to the nearest dollar as needed.) A. Mortgage A has a larger total cost than mortgage B by $enter your response here. B. Mortgage B has a larger total cost than mortgage A by $enter your response here