Calculate the monthly payment in given case

Reference no: EM132062623

Question: You just purchased a used tractor for $200,000. Your down payment on the tractor was $40,000 and the rest is financed over 5 years at 12% annual interest rate. Calculate your monthly payment. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132062623

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Calculate the monthly payment in given case : You just purchased a used tractor for $200,000. Your down payment on the tractor was $40,000 and the rest is financed over 5 years at 12% annual interest rate.

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