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Dan buys a property for $ 2 8 0 , 0 0 0 . He is offered a 2 5 - year loan by the

Dan buys a property for $280,000. He is offered a 25- year loan by the bank, at an interest rate of 8% per year. What is the annual loan payment Dan must make?
A. $36,722.08
B. $31,476.07
C. $26,230.06
D. $41,968.1
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