Dan Buys a Property for $250,000

question 10

Multiple Choice

Dan buys a property for $250,000.He is offered a 20-year loan by the bank,at an interest rate of 6% per year.What is the annual loan payment Dan must make?

• A)$21,796.14
• B)$24,864.98
• C)$32,684.66
• D)$64,486.34

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Definitions:

Alternative Medical Approaches

Treatment and healthcare practices that are not part of the standard medical care, often involving herbal, holistic, or traditional methods.

Alternative Treatments

Therapies and health practices used instead of standard medical treatments, often including natural, holistic, or traditional methods.

Effectiveness

The degree to which something achieves its desired outcome under typical or real-world conditions.

Chiropractors

Health professionals who focus on the diagnosis, treatment, and prevention of mechanical disorders of the musculoskeletal system, especially the spine.