Question

If 1,240 cash and 4,760 note are given in exchange for a delivery truck to be used in a business, what is the total value of the transaction?

Answer 1

The total value of the transaction for the delivery truck, which includes the exchange of cash and a note, is $6,000.

Step-by-step explanation:

The question asks for the total value of a transaction involving the exchange of cash and a note for a delivery truck. To find this, simply add the cash amount to the value of the note: $1,240 (cash) + $4,760 (note) = $6,000. Therefore, the total value of the transaction involving the delivery truck is $6,000.