Diane took out a $400,000 home mortgage with 4.0% interest rate and equal annual payments. How much

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Diane took out a $400,000 home mortgage with 4.0% interest rate and equal annual payments. How much will she have to pay annually to repay the loan in 20 years?

Group of answer choices

$29,433

$24,785

$24,600

$20,616

$18,667

Posted Date: Jun 25, 2024 09:47 PM

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Diane took out a $400,000 home mortgage with 4.0% interest rate and equal annual payments. How much

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