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You recently obtained a loan to purchase a $250,000 home; the loan terms included annual payments for a 30-year term at an interest rate of

You recently obtained a loan to purchase a $250,000 home; the loan terms included annual payments for a 30-year term at an interest rate of 46 percent.What is the your annual payment?

Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar

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