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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

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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 af 10% per year. What will be your annual payment if you sign this mortgage? The annual payment is S(Round to the nearest dollar) In a trade with the govemment of an oil producing nation, a manufacturer will deliver 14 Caterpillar D9 tractors, with a value of $330,000 per tractor, and receive 47000 barreis of oil, valued at $120 per barrel. What is the net benefit of this trade to the manufacturer? O A. $612,000 B. $1,224,000 O C. $1,020,000 D. $816,000

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