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The Versa Tile Company purchased a delivery truck on February 1, 202 The agreement required Versa Tile to pay the purchase price of $44,000 on

The Versa Tile Company purchased a delivery truck on February 1, 202 The agreement required Versa Tile to pay the purchase price of $44,000 on February 1, 2022. Assuming an 8% rate of interest, calculate the price of the truck Versa Tile.

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