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On April1, 2013, Maggie bought a new delivery truck for her business. The purchase price of the truck was $34,000. Maggiewrote a check for a

On April1, 2013, Maggie bought a new delivery truck for her business. The purchase price of the truck was $34,000. Maggiewrote a check for a 20% down payment. The interest rate on the loan is 8% and the loan period is nine months.

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