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XYZ Construction. Inc. wants to purchase a new pick-up truck. The price for the new truck is $46,463. The dealer allows XYZ to trade-in the

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XYZ Construction. Inc. wants to purchase a new pick-up truck. The price for the new truck is $46,463. The dealer allows XYZ to trade-in the old truck for $5,533. XYZ can payback the remaining balance through a 4-year payment plan. Given the agreed interest rate is 3% : How much is the monthly payment? Question 2 2pts If XYZ can only pay $820 monthly, and the dealer does not accept trade-in, given 3\% interest rate, how much of the new pick-up truck canXYZ afford

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