Question: The annual PMT for a $ 9 5 0 , 0 0 0 loan over 3 0 years at 7 . 5 0 % annual

The annual PMT for a $950,000 loan over 30 years at
7.50% annual interest is closest to... Note: this is not a
mortgage with monthly payments. The interest should
be calculated annually here.
$80,400
$6,600
$6,700
$31,700
The annual PMT for a $950,000 loan over 30 years at

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