Use the table provided in the handbook. Al Bang is worried about the financing of his new home. The house sells for $70,000. If he puts down 20%, what will Al's payment be, and what would be the total cost of interest over the cost of the loan for each assumption?
A. 25 years 12%
B. 25 years 13%
C. 25 years 13 3/4%
D. 25 years 14 3/4%
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