$($Annuity payments$)$ To buy a new house, you must borrow $$145,000.$ To do this, you take

out a $$145,000,30-$year, $8$ percent mortgage. Your mortgage payments, which are made at

the end of each year $($one payment each year$),$ include both principal and $8$ percent interest on

the declining balance. How large will your annual payments be$?$

The amount of your annual payment will be $$.($Round to the nearest cent.$)$