A 613811 warehouse if being purchased by your company the


A $613,811 warehouse if being purchased by your company. The deal requires a down payment of 90,147 with the remainder of the purchase price paid over 20 years, payments in advance. The annual interest rate applicable is 5.88. What monthly payment in advance will be required to pay off this loan?

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Financial Management: A 613811 warehouse if being purchased by your company the
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