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Do you recommend buying a new truck? Explain your decision based on the dollar amount of money the company will gain or lose if they
- Do you recommend buying a new truck? Explain your decision based on the dollar amount of money the company will gain or lose if they purchase a new truck.
Price | $42,000.00 |
Loan term (in months) | 12 |
Interest (annual) | 8% |
Monthly Payment | $3,653.51 |
Total Payments | $43,842.17 |
Interest Paid | $1,842.17 |
Average Sales | $4,881.25 |
Buy new truck? | Buy it! |
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