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( Annuity payments ) Emily Morrison purchased a new house for $ 2 0 0 , 0 0 0 . She paid $ 3 0

(Annuity payments) Emily Morrison purchased a new house for $200,000. She paid $30,000 upfront and agreed to pay the rest over the next 25 years in 25 equal annual payments that include principal
payments plus 14 percent compound interest on the unpaid balance. What will these equal payments be?
a. Emily Morrison purchased a new house for $200,000 and paid $30,000 upfront. How much does she need to borrow to purchase the house?
(Round to the nearest dollar.)
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