. Rita wants to buy a lot which costs 1 million pesos. She plans to give a down payment of 20% of the cost, and the rest will be paid by financing an annual interest rate of 12% for 10 years in equal...

. Rita wants to buy a lot which costs 1 million pesos. She plans to give a down payment of 20% of the cost, and the rest will be paid by financing an annual interest rate of 12% for 10 years in equal monthly installments? What will be the monthly payment?