Assume ABC Corp. finances a new manufacturing machine with a $200,000 loan, which it plans to pay for with 10-year annuity payments that will begin next year. Assuming the interest rate is 8.2% and it will compound annually, which of the following is true?

A.) ABC Corp. will need to pay $30,075.33 each year, paying back in full 10 years from now

B.) Neither are correct

C.) ABC Corp. would have paid less each year with a lower interest rate.

D.) Both are correct