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Dan buys a property for $ 260000. He is offered a 30-year loan by the...

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Finance

Dan buys a property for $ 260000. He is offered a 30-year loan by the bank, at an interest rate of 9% per year. What is the annual loan payment Dan must make? A. $ 25307.45 B. $ 30368.94 C. $ 40491.92 D. $ 35430.43

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