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Dan buys a property for $240,000. He is offered a 30 -year loan by the bank, at an interest rate of 9% per year. What

Dan buys a property for $240,000. He is offered a 30 -year loan by the bank, at an interest rate of 9% per year. What is the annual loan payment Dan must make? A. $32,705.01 B. $28,032.86 C. $23,360.72 D. $37,377.15

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