Question: You are considering purchasing a parcel to build on. The current landowner is selling the land for $259,971 and the bank will finance the land

You are considering purchasing a parcel to build on. The current landowner is selling the land for $259,971 and the bank will finance the land at 4.59% APR for 72 months. What is the monthly payment for financing this land through the bank? Provide your answers with no dollar signs or commas and up to two digits beyond the decimal point. If you are using your calculator to solve the problem, do not express the answer with the negative sign. Based on the last question, the owner is willing to finance the land for 72 months at $3,875 / month. Will you finance with the owner or the bank? Finance with the owner Finance through the bank

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