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A 676351 warehouse if being purchased by your company the

A $676,351 warehouse if being purchased by your company. The deal requires a down payment of 118,704 with the remainder of the purchase price paid over 20 years, payments in advance. The annual interest rate applicable is 5.32. What monthly payment in advance will be required to pay off this loan?

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Financial Management: A 676351 warehouse if being purchased by your company the

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