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Question 39 (5 points) A sneaky land speculator offers to sell you 10 acres of land for $225,000 today. He will let you completely finance

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Question 39 (5 points) A sneaky land speculator offers to sell you 10 acres of land for $225,000 today. He will let you completely finance this loan with him. His selling point is that you will only have to pay him once every 3 years. The loan repayment plan calls for 15 payments (one every 3 years). The land speculator tells you that he will apply an annual 4.00% APR to the account. What will be your payme very third year? (round to the nearest dollar) $34,203 $36,741 $39,940 $33,035 $33,898

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