Score: 0 of 1 pt 5 of 6 (0 complete) HW Score: 0%, 0 of 7 pts P6-26 (similar to) Question Help o (Annuity payments) To buy a new house, you must borrow $155,000. To do this, you take out a $155,000, 25-year, 8 percent mortgage. Your mortgage payments, which are made at the end of each year (one payment each year), include both principal and 8 percent interest on the declining balance. How large will your annual payments be? The amount of your annual payment will be $3. (Round to the nearest cent.)