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Mathematics, 16.12.2020 06:50 TVASALLO31
You get a $60,000 loan for a new dump truck. With the truck, you can generate $500 more business each week at 80% margin. Your interest rate on the loan is 8.6%. Does the additional margin generated cover the interest payments?
a) Yes
b) No
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You get a $60,000 loan for a new dump truck. With the truck, you can generate $500 more business eac...
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