Cindy bought a house and managed to secure a home loan for R790,000 with monthly payments of R9,680.70 at a fixed interest rate of 13.75% per year, compounded monthly, over a period of 20 years. If an average yearly inflation rate of 9.2% is expected, then the real cost of the loan (the difference between the total value of the loan and the actual principal borrowed) equals:
a) R87,126
b) R201,642
c) R270,749
d) R1,060,749