Question: Question 14 (3.5 points) You plan to borrow $287,000 now and repay it in 15 equal annual installments (payments will be made at the beginning

Question 14 (3.5 points) You plan to borrow $287,000 now and repay it in 15 equal annual installments (payments will be made at the beginning of each year). If the annual interest rate is 11%, how much will your annual payments be? O$39,911.72 $35,956.51 $59,984.25 $49,187.08 $48,692.30

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