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What monthly lease payment dus in advance should be charged for a tract of land valued at $39,000 if the agreed interest is 7.33% compounded

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What monthly lease payment dus in advance should be charged for a tract of land valued at $39,000 if the agreed interest is 7.33% compounded annually? The monthly lease payment should be $ {Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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