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76. A home buyer signed a 20-year, 8% mortgage for $72,500. Given the following information, how much should the annual loan payments be? Present value

76. A home buyer signed a 20-year, 8% mortgage for $72,500. Given the following information, how much should the annual loan payments be? Present value of $1 PV.F = .215 Future value of $1 FV.F = 4.661 Present value of annuity PVIFA = 9.818 Future value of annuity FV.FA = 45.762 A. $1,58 4 i$7,38 4 C. $15,55 5 D. $15,58 8

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