Assume the cars in Problems 43-46 can be purchased for 0% down for 60 months (in lieu
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Assume the cars in Problems 43-46 can be purchased for 0\% down for 60 months (in lieu of rebate).
A car with a sticker price of \(\$ 36,500\) with factory and dealer rebates of \(\$ 4,200 \quad\)
a. \(\$ 608.33 ;\)
b. \(\$ 605.63 ;\)
c. \(4.9 \%\);
d. \(2.5 \%\)
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