Dan buys a property for

$ $300$ comma $000$$$300,000.$

He is offered a

$2525-$year

loan by the$$ bank, at an interest rate of

$88\%$

per year. What is the annual loan payment Dan must$$ make?

Question content area bottom

Part $1$

A$.$$ $28$ comma $103\mathrm{.}63$

$ $28$ comma $103\mathrm{.}63$$$28,103\mathrm{.}63$

B$.$$ $33$ comma $724\mathrm{.}36$

$ $33$ comma $724\mathrm{.}36$$$33,724\mathrm{.}36$

C$.$$ $44$ comma $965\mathrm{.}81$

$ $44$ comma $965\mathrm{.}81$$$44,965\mathrm{.}81$

D$.$$ $39$ comma $345\mathrm{.}08$

$ $39$ comma $345\mathrm{.}08$$$39,345\mathrm{.}08$

Dan buys a property for

$ $300$ comma $000$$$300,000.$

He is offered a

$2525-$year

loan by the$$ bank, at an interest rate of

$88\%$

per year. What is the annual loan payment Dan must$$ make?

Question content area bottom

Part $1$

A$.$$ $28$ comma $103\mathrm{.}63$

$ $28$ comma $103\mathrm{.}63$$$28,103\mathrm{.}63$

B$.$$ $33$ comma $724\mathrm{.}36$

$ $33$ comma $724\mathrm{.}36$$$33,724\mathrm{.}36$

C$.$$ $44$ comma $965\mathrm{.}81$

$ $44$ comma $965\mathrm{.}81$$$44,965\mathrm{.}81$

D$.$$ $39$ comma $345\mathrm{.}08$

$ $39$ comma $345\mathrm{.}08$$$39,345\mathrm{.}08$