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You purchase a margarita truck for $60,000 and pay $10,000 down. You also agree to pay the rest over the next 5 years in monthly

You purchase a margarita truck for $60,000 and pay $10,000 down. You also agree to pay the rest over the next 5 years in monthly payments at 8% percent interest on the unpaid balance. What will be the amount of each payment?

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