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Question 6 0.2 pts On January 1st, BB Company acquired a truck that had a purchase price of $38,000. The seller agreed to allow BB
Question 6 0.2 pts On January 1st, BB Company acquired a truck that had a purchase price of $38,000. The seller agreed to allow BB to make monthly payments for the truck over a six-year period charging annual interest of 6%. What is the amount of the monthly payment? Round your answer to the nearest dollar. (Use practice #6 on page 8-9 as your guide). 0.2 pts Question 8 0.2 pts How much could you borrow today if you make monthly payments of $300.00 for the next 5 years with a market rate of interest of 3%? Round your answer to the nearest dollar. (Use practice #4 on page 8-9 as your guide)
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