Question: Amortization Graded Assignment | Back to Assignment Due Sunday 04.22.18 at 11:15 PM 1. You have an initial amortizing loan (similar to a mortgage) of

Amortization Graded Assignment | Back to Assignment Due Sunday 04.22.18 at 11:15 PM 1. You have an initial amortizing loan (similar to a mortgage) of $250,000, to be repaid in equal 30 payments, over 30 years. The annual interest rate is 8%. What is the amount of each annual Payment equal to? O A. 22,206 O B. 28,120 O c. 21,265 O D. 22,441 Continue without saving

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