You are thinking of purchasing a house. The house costs $ 200, 000. You have $ 29, 000 in cash that you can use as a down payment on the house, but you need to 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 10 % per year. What will be your annual payment if you sign this mortgage? The annual payment is $ nothing. (Round to the nearest dollar.)