What is the monthly payment on the loan

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Reference no: EM131842600

You plan to purchase a luxurious mobile home and park it year-’round in Trinidad, Colorado. The price of the mobile home is $133,030. You’ll make a $20,000 down payment and the remainder of the purchase price will be financed. Assuming an 84-month loan and an APR of 4.2%, what is the monthly payment on the loan?

Reference no: EM131842600

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