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Dan buys a property for $290,000. He is offered a 20-year loan by the bank, at an interest rate of 9% per year. What is

Dan buys a property for $290,000. He is offered a 20-year loan by the bank, at an interest rate of 9% per year. What is the annual loan payment Dan must make?

A. 44.475.87

B. 50,829.57

C. 31768.48

D. 38,122.18

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