Suppose that you decide to buy a car for 59 000 including

Last updated: 10/6/2023

Suppose that you decide to buy a car for 59 000 including taxes and license fees You saved 11 000 for a 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 6 31 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 PH 9 PMT The difference in monthly payments between the two offers is S Round to the nearest rent as needed