Question:
You want to purchase an automobile for $25,865. The dealer
Last updated: 8/2/2022
You want to purchase an automobile for $25,865. The dealer offers you 0% financing for 60 months or a $3,260 rebate. You can obtain 6% financing for 60 months at the local bank. Which option should you choose? Rebate 0% financing How much money will you save per month? (Round to two decimal places.)