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A construction company bought a truck for $45,000 at an interest rate of 4%. The payment was spread over a period of 6 years. (a)

A construction company bought a truck for $45,000 at an interest rate of 4%. The payment was spread over a period of 6 years. (a) Calculate how much the company will pay per year for 6 years. (b) If the truck sells for $8,500 at the end of 6 years, how much did the truck cost the company per year?

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