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MacElroy Trucks purchased a new rig costing $129,600. They financed this purchase at 7.65% interest with monthly payments of $2,844.32. How long will it take
MacElroy Trucks purchased a new rig costing $129,600. They financed this purchase at 7.65% interest with monthly payments of $2,844.32. How long will it take the firm to pay off this debt?
Is it possible to do this problem as a time value of money equation on the BA II Plus calculator?
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