Suppose that you decide to buy a car for 62 000 including
Last updated: 3/21/2023
Suppose that you decide to buy a car for 62 000 including taxes and license fees You saved 13 000 for a down payment The dealer is offering you a choice between two incentives Incentive A is 7000 off the price of the car followed by a three year loan at 5 97 Incentive B does not have a cash rebate but provides free financing no interest over three years What is the difference in monthly payments between the two offers Which incentive is the better deal Use PMT The difference in monthly payments between the two offers is Round to the nearest cent as needed Which incentive is the better deal Choose the correct answer below OA Incentive B is the better deal B Incentive A is the better deal nt This quiz 9 point This question 1 p