Overnight Trucking recently purchased a new truck costing$219,800. The firm financed this purchase at 6.6 percent interestwith
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Question:
Overnight Trucking recently purchased a new truck costing$219,800. The firm financed this purchase at 6.6 percent interestwith monthly payments of $2,435. How many years will it take thefirm to pay off this debt?
11.04 years
9.22 years
11.60 years
10.23 years
10.42 years
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