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Business, 21.09.2019 01:10 mjam85877

Let's assume that a carpenter borrowed $2 comma 000 to be paid off in a year to finance a machine that would make him work faster. as a result, he is able to take on more projects and collect $400 more earnings in the first year, after paying off the principal of $2 comma 000. however, there is a 12% rental fee (interest) on his loan that he also has to pay off. the carpenter earned an extra $ nothing in the first year. (round your response to the nearest dollar)

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