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A business bought two trucks for $250,000 on Jan 1, year one. The business paid $40,000 cash and signed a $210,000, 3 year, 8 percent
A business bought two trucks for $250,000 on Jan 1, year one. The business paid $40,000 cash and signed a $210,000, 3 year, 8 percent note for the remaining balance. The note is to be paid in 3 annual...
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