A farmer purchased 285 acres of land for 4 300 acre He paid 25 down and obtained a loan for the balance at 6 75 APR over a 20

Question

A farmer purchased 285 acres of land for 4 300 acre He paid 25 down and obtained a loan for the balance at 6 75 APR over a 20 year period How much is the annual payment Simplify your answer completely Round your answer to the nearest cent

Kunduz · Accepted Answer

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