Ferocity Ferocity

16-12-2020
Mathematics

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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

Respuesta :

sethngrant2003 sethngrant2003

02-03-2021

Answer: Yes

Step-by-step explanation: got it wrong and told me the correct answer

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