Question: 2. Mandy and Wade Creditor plan to expand their stocker cattle operation. They expect to borrow $250,000, and plan to repay the loan annually over

2. Mandy and Wade Creditor plan to expand their stocker cattle

2. Mandy and Wade Creditor plan to expand their stocker cattle operation. They expect to borrow $250,000, and plan to repay the loan annually over twenty years. They expect an 8% interest rate. How much can they expect to pay each year

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