Farm Machinery Custom and Rental Rate Guide 2018/2019
Land Roller ... It is also assumed that the loan will be paid back through equal biannual installments over seven years. The cost to borrow 50% of the purchase price was based on an average interest rate for equipment loans with a seven-year payback. This annual borrowing rate is set at 6%. The financing cost also includes an opportunity cost on the interest that could be earned if the down ... ................
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