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Huck Corporation is looking to purchase a truck costing $49,000 by agreeing to make payments every three months for the next two years. The first

Huck Corporation is looking to purchase a truck costing $49,000 by agreeing to make payments every three months for the next two years. The first payment is due three months after the purchase date. Huck's incremental borrowing rate is 8%. Each of the payments is closest to:

(4pts)

$6,248.

$6,689.

$8,527.

$5,709.

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