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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

1 Answer

4 votes

Answer: Yes

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

User Mollie
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