Homework: Ch 2B HW, Time Value of Money, 325, Fa 20 Savo Score: 0 of 1 pt 14 of 14 (4 cordelete) HW Score: 23.81%, 5 of 21 pts P4-37 (similar to) Question Help You are thinking of purchasing a house. The house costs $250,000. You have $36,000 in cash that you can use as a down payment on the house, but you need to for helpfu? borrow the rest of the purchase price. The bank is offering a 30 year mortgage that requires annual payments and has an interest rate of 6% per year. What will your annual payment be if you sign up for this mortgage? The annual payment is $. (Round to the nearest dollar) Raad Fol Enter your answer in the answer box and then click Check Answer -28 All parts showing CA 30 A MacBook Pro