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a 10-year $1,000 loan requiring annual payments at a fixed rate of 9% is amortized...

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Finance

a $10 -$ year $ $1, 000$ loan requiring annual payments at a fixed rate of $9 %$ is amortized into ten $-$ year annuity payments. How much is the annual payment?

a $.$ $ $125$

b $.$ $ $130$

c $.$ $ $235$

d $.$ $ $140$

e $.$ $ $245$ f $.$ $ $156$ g $.$ $ $355$

h $.$ $ $60$ i $.$ $ $165$

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