Barber Pritchard
05/18/2023 · Elementary School
13. You decide to buy a new truck for \( \$ 34,000 \). The loan company offers you a \( 3 \% \) interest rate for 60 months ( 5 years). What will your monthly payments be? For full credit, show your formula and calculations to answer the question.
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The monthly payment for the truck loan will be approximately $609.96.
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