Business
Business, 20.11.2020 14:00, sanders8151

A company decided to finance the purchase of truck. The loan agreement requires quarterly payments of $850/each for 3 years. The interest rate on the loan is 8%. No amount was due in cash at the time of signing and the first payment of $850 is due three months (one quarter) after the signing date. How much did the truck cost?

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A company decided to finance the purchase of truck. The loan agreement requires quarterly payments o...

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