janaeharris451 janaeharris451
  • 06-06-2023
  • Business
contestada

Dan
buys a property for $200,000. He is offered a 25-year loan by the
bank, at an interest rate of 8% per year. What is the annual loan
payment Dan must make?
A. $22,482.91
B. $26,230.06
C. $29,977.22

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