Lionheart Trucking recently purchased a new truck costing $178,000.The firm financed this purchase at 6.6 percent interest with monthly payments of $2,400.How many years will it take the firm to pay off this debt?
A) 8.95 years
B) 6.89 years
C) 9.26 years
D) 8.83years
E) 7.96 years
Correct Answer:
Verified
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