Posted by **Marjorie** on Monday, October 3, 2011 at 7:35pm.

If I lease equipment for 60 months and the original price is $20,000 at an interest rate of 12%, how much is my monthly payment?

## Answer this Question

## Related Questions

- Finance - Sutton Corporation, which has a zero tax rate due to tax loss carry-...
- Mathematics - A loan of $7,000,000 is being amortised over 48 months at an ...
- Mathematics - A loan of $7,000,000 is being amortised over 48 months at an ...
- Accounting - A company leases a piece of equipment to another company and ...
- math - I need help calculating (a) the total installment price. (b) the carrying...
- Math - The price of a new car is 20,000. Assume that an individual makes a down ...
- Finance - You are interested in a new Ford Taurus. After visiting your Ford ...
- Finite Math - The price of a new car is $24,000. Assume that an individual makes...
- Math - Price of article = $315.50 Down payment = $31.55 Monthly payment amount...
- Financial Math - Suppose that you decide to lease a car. At the end of the 48-...

More Related Questions