Mathematics, 30.10.2020 16:20 codycollier
Suppose that you decide to buy a car for $57,000, including taxes and license fees. You saved $10,000 for a down payment. The dealer is offering you a choice between two incentives. Incentive A is $5000 off the price of the car, followed by a four-year loan at 6.06%. Incentive B does not have a cash rebate, but provides free financing (no interest) over four years. What is the difference in monthly payments between the two offers? Which incentive is the better deal? Use PMT= P r n 1−1+ r n−nt. The difference in monthly payments between the two offers is $nothing. (Round to the nearest cent as needed.)
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Suppose that you decide to buy a car for $57,000, including taxes and license fees. You saved $10,00...
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