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Business, 30.11.2019 05:31 jessicaaflores13

Truck #2 has a list price of $27,680 and is acquired for a down payment of $3,460 cash and a zero-interest-bearing note with a face amount of $24,220. the note is due april 1, 2021. bramble would normally have to pay interest at a rate of 10% for such a borrowing, and the dealership has an incremental borrowing rate of 8%.

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