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

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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Nper Rate PV FV 30 0.09 260,000.00) PMT(rate,nper,pv,fv) PMT(0.09,30,-260000,0) PMT $25,307.45 $25,307.45 Annual Payment Answ

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